As the New Year begins, crypto whales are making bold moves, heavily accumulating tokens like $LDO, $BNB, $POPCAT, $RAY, and $GRASS.
Significant transactions have been recorded, signaling strong interest in these assets as the market enters 2025.
One notable transaction comes from wallet 0x345f, which withdrew 5,550 $BNB worth $3.89 million and 1.22 million $LDO valued at $2.21 million from Binance just five hours ago. This significant activity indicates increased whale confidence in $BNB and $LDO as key investments.
Meanwhile, wallet 7Vu4ar made a striking move eight hours ago, withdrawing 3.3 million $POPCAT, valued at $2.53 million, from Bybit. This substantial accumulation of $POPCAT points to growing interest in the token, possibly anticipating price surges in the near future.
Another major player, wallet A3jiR5, withdrew 1.1 million $GRASS worth $2.74 million from Bybit nine hours ago. Additionally, the same wallet withdrew 740,000 $RAY, valued at $3.63 million, from Binance just five hours ago. These transactions highlight a diversified approach, with significant allocations to both $GRASS and $RAY.
As we welcome the New Year 2025, whales are actively accumulating $LDO, $BNB, $POPCAT, $RAY, and $GRASS. Notably:
Wallet 0x345f withdrew 5,550 $BNB (valued at $3.89 million) and 1.22 million $LDO (worth $2.21 million) from #Binance 5 hours ago. pic.twitter.com/ZqVOrXieZZ— EyeOnChain 🔶 (@EyeOnChain) January 1, 2025
The activity of these whale wallets suggests a bullish outlook for these tokens as 2025 begins. The increased whale accumulation often signals growing confidence in the assets and could lead to heightened market attention and potential price movements.
As the crypto market enters the new year with renewed energy, all eyes are on these tokens to see how they perform amidst growing whale activity and broader market developments. Will this accumulation trend spark a rally? Time will tell.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!
Image Source: kebox/123RF // Image Effects by Colorcinch