Whale Watch: Top 3 Altcoins Accumulated in Early August 2025
The cryptocurrency market showed signs of renewed strength this week, with a 6% increase in global market capitalization over the last seven days. This uptick has spurred significant activity from large investors, commonly known as crypto whales, who are strategically accumulating specific altcoins. Here's a look at three altcoins that saw notable whale interest during the first week of August 2025.
Ethereum (ETH)
Ethereum (ETH) topped the list of altcoins favored by crypto whales this week. Data indicates a 270% surge in large-holder netflow. This substantial accumulation suggests strong confidence and a potentially bullish outlook on ETH.
Large holders' netflow tracks the difference between token purchases and sales by whales over a period. A significant spike, such as the one observed with ETH, signals a strong accumulation trend. This increased buying pressure helped propel Ethereum past the $4,000 mark, a level not seen since December. If this accumulation continues, ETH could target the $4,500 range.
However, potential profit-taking could lead to a price correction, with a possible retreat towards $3,920.
PEPE
The Solana-based meme coin PEPE also attracted considerable whale attention. On-chain data reveals a 1.36% increase in holdings among high-value wallets holding PEPE tokens worth over $1 million.
Such accumulation trends among large investors often indicate growing confidence in an asset's short-term potential. Whale interest can stimulate retail buying, potentially sustaining and extending PEPE's recent gains. If this trend persists, PEPE could climb towards $0.00001315.
Conversely, waning demand could see PEPE's price decline back to $0.00001070.
Mantle (MNT)
Mantle (MNT), following a 52% weekly rally, captured the attention of crypto whales. On-chain analysis shows that wallets holding between 1 million and 10 million tokens acquired 2.39 million MNT over the past week. This group now holds 20 million MNT, their highest balance in the last month.
Increased whale accumulation could drive MNT's price towards $1.1496. However, renewed sell-offs could push it below $1.0361.
Disclaimer: Cryptocurrency investments are inherently risky. Always conduct thorough research before investing. Consider leveraging platforms like Codeum for security audits and due diligence to help mitigate potential risks.