Whales in the cryptocurrency market were actively accumulating Arbitrum (ARB), Chainlink (LINK), and Cardano (ADA) in the third week of August 2025.
The accumulation of ARB whales has pushed total holdings to 2.45 billion tokens, with the potential to break resistance at $0.52.
Chainlink (LINK) has seen a 25% increase in whale holdings, while Cardano (ADA) saw 60 million ADA purchased by whales despite the overall market downturn.
The digital asset market has shown weak performance this week, with many tokens giving up most of their gains from July. The global market capitalization of cryptocurrencies has decreased by 4% over the past seven days, reflecting a decline in bullish momentum and traders' reserves.
However, despite the broader pullback, on-chain data reveals that cryptocurrency whales have been actively accumulating some altcoins. This analysis looks at some of them.
Arbitrum (ARB)
The second-layer (L2) altcoin has seen an increase in the accumulation by cryptocurrency whales this week. According to Santiment, whales holding between 1 million and 10 million tokens have acquired 10 million ARB over the past week, bringing their collective holdings to 2.45 billion tokens at the time of publication.
ARB supply distribution.
This trend may boost confidence among small investors and ignite an increase in participation from retail. With demand building from retail alongside whale activity, it may create the necessary momentum for ARB to break out of its sideways trend.
If demand grows, ARB aims to break the resistance formed at $0.52 and surge towards $0.57.
ARB price analysis.
On the other hand, if selling continues, it could drop to $0.45.
Chainlink (LINK)
LINK, the original token of the Chainlink oracle network, is among the altcoins that cryptocurrency whales have accumulated this week. On-chain data from Nansen shows a 25% increase in holdings among high-value wallets that own more than $1 million of LINK.
LINK whale activity.
This increase in whale activity indicates growing confidence in the token's near-term prospects. If accumulation continues, LINK could rise towards $26.89.
LINK price analysis.
On the other hand, if demand weakens and whales start to reduce exposure, the token risks sliding to around $23.48.
Cardano (ADA)
The first-layer (L1) altcoin has also seen strategic accumulation among cryptocurrency whales this week, despite the wider market downturn. According to on-chain data, whales holding between 1 million and 10 million coins bought 60 million ADA during the review week.
ADA supply distribution.
Despite the wider market's lackluster performance keeping ADA range-bound over the past few days, if whale accumulation grows, its price could test resistance at $0.89 and attempt to break through.
ADA price analysis.
Conversely, if accumulation decreases, the price of L1 could drop to $0.84.