Crypto Whales Bought These Altcoins in the Second Week of January 2025

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Following Donald Trump’s election as U.S. President on November 5, 2016, there was a surge in the market, known as a post-election rally. However, this enthusiasm has noticeably decreased since then, causing the broader market to enter a period of consolidation starting from early 2025.

Even though there’s a slowdown, large crypto investors, or ‘whales’, are still quite active. They’re increasing their holdings of specific assets during the second week of the year. Notably, Toncoin (TON), Shiba Inu (SHIB), and Artificial Superintelligence Alliance (FET) are tokens that have caught the attention of these whales.

Toncoin (TON)

This week, it’s been noticed that cryptocurrency ‘Toncoin (TON)’, linked with Telegram, is one of the altcoins that have been acquired by significant crypto investors, often referred to as “whales”. Evidence for this comes from a rise in large holders’ netflow, which has seen an increase of approximately 220% over the past seven days, as reported by IntoTheBlock.

Significant investors, often referred to as ‘whales,’ control a larger portion (more than 0.1%) of an asset’s circulating stock. The movement of these assets, referred to as netflow, represents the difference between the coins they buy and sell over a specific timeframe. A surge in their netflow indicates that these whale investors are buying more coins. This is considered a positive sign and could indicate an upcoming price increase.

 If TON whales continue to buy the altcoin, it may resume its uptrend and climb toward $6.

Shiba Inu (SHIB)

This week, the popular meme-based cryptocurrency, Shiba Inu, has drawn interest from large investors, often known as “whales.

According to BeInCrypto’s analysis, whales (individuals or entities controlling large amounts of Shiba Inu tokens) with between 100,000 and 1,000,000 SHIB have amassed an extra 1.94 billion SHIB since the start of the year. This has brought their total holdings to a record high of 135.92 billion tokens.

If these whales continue to buy the meme coin, its price may rally toward $0.000030. 

Arbitrum (ARB)

This week, we’ve seen some ‘Arbitrum heavyweights’ emerge. According to Santiment, the number of addresses holding between one and ten million Arbitrum tokens stands at approximately 2.31 billion, with a 1% increase over the specified timeframe.

If accumulation persists, the Layer-2 token’s value may trend higher as January progresses. 

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2025-01-11 13:06