Despite prolonged market uncertainty supported by Donald Trump’s escalating trade war, the cryptocurrency market showed signs of a recovery this week.
On-chain data reveals that crypto whales use volatility to accumulate selected altcoins to show increased reliability for certain digital assets.
dogecoin (doge)
Major Memes Coindoge Coin (DOGE) has been attracting a lot of attention this week from crypto whales. This is reflected by the address of Doge whales, which holds between 100 million and 100 million coins in the number of coins purchased over the past seven days.
According to data from Santiment, these Doge holders have accumulated over $220 million coins during the review period. As of the time of reporting, their total holdings had skyrocketed to 25.688 billion, the highest level since last December.
Doge Supply Distribution. Source: Santiment
A large holder of assets increases this accumulation suggests increased reliability or expectations for future price increases. If this continues, Doge could outweigh resistance at $0.17 in the short term, potentially rising to $0.23.
WorldCoin (WLD)
WLD is another Altcoin that attracted whales’ attention this week. Sam Altman-Linked Token is currently trading at $0.74 and has flowed 1% of its value over the past week.
During that period, whales holding 100,000-1,000,000 WLDs have accumulated 2.63 million tokens, exceeding $1.94 million.
WLD supply distribution. Source: Santiment
If whales accumulate continues, it can record profits by backing WLD into a wider market downward trend.
ondo (ondo)
The Thereal-World Asset-based (RWA) token Ondo is also featured in this week’s Crypto Shries list. According to Santiment, in the past seven days, whales, which own ONDOs, have purchased 19.41 million worth around $17 million.
This cohort of Ondo investors currently holds 702.37 million coins.
ONDO supply distribution. Source: Santiment
If this encourages the market-wide ONDO accumulation stage, it could indicate a revival of interest in RWA-based assets, potentially driving more price momentum in the coming weeks.
