Crypto market activity has surged this week, with the global market cap increasing by 2% in the past seven days.
As signs of recovery emerge, attention is turning to certain altcoins that are catching the eye of major investors.
Tron (TRX)
TRX, a notable Layer-1 coin, has piqued the interest of crypto whales, with a substantial 160% rise in large holders' netflow reported over the week.
Ethereum (ETH)
ETH, a leading altcoin, is also a favored choice among crypto whales, as holdings valued at over $675 million have been accumulated by whales holding between 1 million and 10 million coins in the past seven days.
CAKE
The value of CAKE has more than doubled in the last week, accompanied by a significant increase in daily trading volume, reflecting strong demand for the altcoin. Large whales holding between 10 million and 100 million tokens have acquired 6 million tokens during this period.
If these accumulation trends continue, TRX, ETH, and CAKE could see their values soar in the near future.