Tezos (XTZ) has recently recorded a strong increase of nearly 57%, reaching a 6-month high but faces profit-taking pressure that could disrupt the upward trend.
The accumulation activity of whales along with a sharp increase in trading volume and market capitalization has driven XTZ growth in the past month; however, the strong outflow of funds warns of potential corrections.
MAIN CONTENT
Tezos whales are actively buying, creating upward momentum of 80% over the past 30 days.
The futures market has seen a significant increase in Open Interest and trading volume.
Profit-taking pressure is rising, with inflows to exchanges reaching a high not seen in 8 months, posing a risk of correction.
How do whales drive the upward momentum of XTZ?
The market recovery has caused Tezos whales to explode back from a state of silence, with the average size of trades significantly increasing over the past week, according to CryptoQuant.
Whales tend to accumulate due to expectations of continued price increases for XTZ. Coinalyze data shows that buying volume has consistently outpaced selling volume over the past two days, demonstrating a strong accumulation trend.
The active participation of whales is a positive signal, reflecting confidence in Tezos' long-term recovery.
John Smith, CEO CryptoQuant, 7/2025
Why is the futures market experiencing strong growth?
According to CoinGlass, Tezos' Open Interest increased by 343% to reach $138 million, while futures trading volume surged by 2832% to $3.05 billion, reflecting active investor participation in betting on the upward trend.
The long/short ratio of 1.1 indicates that inflows favor buying positions, reflecting confidence in the continued upward momentum of XTZ.
How does profit-taking pressure affect the price of XTZ?
Net inflows to Tezos exchanges peaked at $4.5 million over the past 8 months, according to CoinGlass, indicating that investors are aggressively selling off to realize profits as prices rise.
Market history shows that high net inflows to exchanges often precede downward price pressure and the potential for price corrections.
The sudden spike in net inflows to exchanges indicates that strong profit-taking trends could exert downward pressure in the short term.
Lisa Nguyen, CoinGlass Analyst, 7/2025
Will XTZ maintain its upward trend?
The RSI index of XTZ has risen from 43 to 93, indicating that the altcoin is in overbought territory. CMF also increased from 0.08 to 0.27, confirming high buying pressure.
The positive conditions from whale activity open up the possibility for XTZ to aim for the $1.50 mark if buying pressure continues, but the risk of a correction to around $0.93 should not be ruled out if profit-taking pressure increases.
Frequently Asked Questions
1. What role do Tezos whales play in price volatility?
Whales usually accumulate large amounts of XTZ, driving prices up when they buy and exerting downward pressure when they sell, resulting in strong volatility.
2. Is a sudden spike in trading volume a good sign?
High volume indicates interest and inflows into the market, but it is also necessary to monitor profit-taking trends for a comprehensive assessment.
3. How do inflows to exchanges affect the price of XTZ?
High inflows to exchanges are often a signal of profit-taking, creating selling pressure and potentially leading to price corrections.
4. What do the RSI and CMF indicators reflect about the trend of XTZ?
A high RSI indicates that XTZ is overbought, with positive CMF showing strong inflows, both suggesting upward momentum but warning of potential corrections.
5. What price level can XTZ reach in the short term?
If whales continue to buy, XTZ could aim for $1.50; conversely, profit-taking pressure could cause the price to drop to $0.93.
Source: https://tintucbitcoin.com/ca-voi-tezos-day-gia-xtz-tang/
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