Crypto Whales Bought These Altcoins in the First Week of August 2024
🐋
In the first week of August 2024, crypto whales showed a continued interest in buying altcoins despite market dips.
Ripple (XRP) saw a significant increase in market cap by 23% in one day. Wallets holding 1 million to 10 million XRP and those holding 100 million to a billion tokens showed considerable balance increases.
Ondo (ONDO) experienced a dramatic rise in its Large Holders Netflow by over 3000%. Institutional interest contributed to this accumulation, driving the token price to $0.76.
Cardano (ADA), despite underwhelming price action trading at $0.34, saw whales seize the dip. Wallets holding 1 million to 10 million ADA now account for over 16% of the total supply.
Source: beincrypto.com ↗
