What Crypto Whales Are Buying for Potential Gains in August 2024
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A surge in interest from crypto whales is often considered a bullish sign, indicating potential price rallies. As the market enters a new trading month, Ethereum (ETH), Pepe (PEPE), and Ondo (ONDO) are attracting whale attention.
Ethereum (ETH) has seen a 167% increase in large holders' netflow, suggesting a potential price rally. ETH trades at $3,311 and could rise to $3,448. Increased whale accumulation is also noted for the frog-themed meme coin Pepe (PEPE), which has hit an all-time high in whale addresses.
Ondo (ONDO) has witnessed a 19% increase in large holders' inflow over the past 30 days, indicating increased buying pressure. ONDO’s price could rally to $0.99 if accumulation continues. However, sell-offs may apply downward pressure, potentially affecting prices.
Source : beincrypto.com ↗
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