📈 Whale activity in Cardano and XRP reaches its highest levels in several months despite the recent decline
The cryptocurrency market has seen a recent decline, with prices of Bitcoin, Ethereum, and several major coins dropping, but new data shows that large investors (whales) are still accumulating Cardano and XRP.
🔹 Whale Activity:
On-chain data indicates that whale transactions and holdings of Cardano and XRP reached record levels during August.
Despite the overall market decline, whales are betting on the continued rise of these two coins in the near future.
🔹 Market Predictions:
Analysts believe that the continued accumulation by whales may indicate the beginning of a new bullish phase for cryptocurrencies.
This activity reflects confidence in the market's recovery after recent declines and provides a positive signal for small investors to watch for potential opportunities.
🔹 Current Prices (August 18, 2025):
BTC: $116,032 (-1.68%)
ETH: $4,318 (-4.67%)
XRP: $3.01 (-3.56%)
ADA: $0.906 (-6.36%)
💡 Summary:
If you are an investor, monitoring whale movements may give you better insight into market direction, especially with coins that show significant buying activity despite declines. It seems that Cardano and XRP are at the forefront of coins currently trusted by large investors.
