Amid ongoing market uncertainty stemming from Donald Trump's trade war escalation, the cryptocurrency market showed signs of improvement this week.
Data from blockchain transactions revealed that significant crypto investors, known as whales, used the market's volatility to gather specific alternative digital assets, indicating growing trust in those particular cryptocurrencies.
Dogecoin (DOGE) had a notable increase in attention from crypto whales recently. Whale addresses holding between 100 million and 1 billion DOGE acquired 1.41 billion coins valued at over $220 million during the past week. Their total holdings of 25.68 billion DOGE are now at their highest level since December of the previous year. This significant accumulation by large holders like this indicates growing confidence in DOGE, potentially leading to a price surge above the $0.17 resistance level and a climb toward $0.23.
Another altcoin attracting whale interest is Worldcoin (WLD). Whales holding between 100,000 and 1,000,000 WLD accumulated 2.63 million tokens valued over $1.94 million in the past week. This accumulation may help WLD defy the general market downtrend and experience gains.
Ondo (ONDO), a real-world asset-based (RWA) token, is also on the radar of crypto whales this week. Whales holding between 1 million and 10 million ONDO purchased 19.41 million coins valued at about $17 million in the last seven days. With this significant accumulation, there could be a resurgence of interest in RWA-based assets, potentially driving further price increases in the future.