Despite the large accumulation of major wallets, the performance of Hedera (HBAR) still raises questions. While the price increased by 2% today, the overall trend remains volatile, with a weekly decline of nearly 10%. Are we facing a quiet build-up before a breakout? Or is the market lacking real momentum?
🐋 Whale accumulation... without price response.
Over the past three weeks, the number of wallets holding between one million to ten million HBAR has increased from 77 and 96 to 79 and 102, reflecting an accumulation of at least 62 million tokens from the circulating supply.
But despite this accumulation, the price has not shown any convincing upward movement. The reason? It may be the absence of new demand, as outflows from exchanges indicate that whales are moving tokens to cold storage, without actual participation from individual investors.
📊 Market indicators: the bias remains negative.
- The short position ratio reached 50.97%, reflecting bets against a price increase.
- The Chaikin Money Flow indicator shows negative divergence, recording low levels despite the price's attempt to reach higher peaks.
- This technical divergence is a warning signal of weakened buying power, reflecting a lack of smart money participation.
📈 Is there a chance for a reversal?
Technically, the price is still maintaining the upward trend line on the two-day chart, but cracks are appearing in the structure.
If the price fails to break through the resistance area at $0.26, it may lose momentum. A drop below $0.23 would completely invalidate the technical structure.
Conversely, breaking the upper trend line and reclaiming the $0.30 level could ignite a new upward wave and dispel negative sentiment.
🔮 August 2025 Predictions
- According to [The Currency Analytics], analysts expect HBAR to reach $2 by 2025, provided that the network continues to be adopted by institutions.
- [BeInCrypto] indicates that historically, August is a weak month for HBAR, with an average negative return of -3.26%, reinforcing caution in the short term.
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