Bitcoin’s Breakout Fuels Whale Activity in Avalanche and Ethereum, Suggesting Potential Price Gains

By: bitcoin ethereum news|2025/05/02 23:00:05
Share
copy
Whale activity surged across multiple altcoins in the first week of May 2025, fueled by Bitcoin’s breakout above $95,000. Avalanche (AVAX) saw a 380% increase in large holder netflows, potentially pushing its price towards $30 if accumulation continues. Ethereum (ETH) experienced a steady 3% rise, with whales acquiring 280,000 ETH. If momentum persists, this could drive its price above $2,000. Bitcoin’s decisive surge above $95,000 has reignited bullish momentum in the crypto market, prompting significant whale activity in altcoins. Avalanche (AVAX): A Rising Star Among Altcoins Layer-1 (L1) coin AVAX has seen increased whale attention this week, reflected by the spike in its large holders’ netflow. According to IntoTheBlock, this has rocketed over 380% in the past seven days. A large holder is a wallet address holding over 0.1% of an asset’s circulating supply. The large holders’ netflow tracks these investors’ buying and selling activity. When it rises, crypto whales buy more tokens. This bullish signal often prompts retail investors to increase their holdings. If AVAX ’s accumulation trend persists, its price could breach the resistance at $24.28 and rally toward $30.23. Conversely, if demand wanes, AVAX could fall to $14.66. Ethereum (ETH): Whale Accumulation Fuels Steady Growth Amid the recent broader market rally, ETH has recorded a modest 3% price uptick in the past seven days, buoyed by steady whale accumulation. According to Santiment, during that period, whale addresses holding between 10,000 and 100,000 coins have acquired 280,000 ETH valued at over $510 million at current market prices. As of this writing, this cohort of ETH whales controls 25.24 million ETH, their highest holding in the past month. ETH ’s price could be driven above the psychological $2,000 mark if whale accumulation persists. However, if the bears regain dominance, they could push the coin’s price to $1,733. Pepe (PEPE): The Meme Coin’s Resilient Whale Interest Popular meme coin PEPE is another asset that has seen a surge in crypto whale accumulation this week. Per Santiment, wallet addresses that hold between 100,000 and 1 million tokens have bought 350 million PEPE in the past seven days. At press time, the meme coin trades at $0.0000086. If whale accumulation persists, PEPE could reverse its current downtrend and break above the resistance at $0.0000010. On the other hand, if sell-offs continue, the token’s price could drop to $0.0000052. Conclusion The recent spike in whale activity across altcoins like AVAX , ETH , and PEPE emphasizes a shifting market sentiment, marking a potential turning point for the crypto landscape. A continued bullish trend driven by whale accumulation could lead to significant price increases. Investors should remain vigilant as market dynamics unfold. Source: https://en.coinotag.com/bitcoins-breakout-fuels-whale-activity-in-avalanche-and-ethereum-suggesting-potential-price-gains/

You may also like

From Wuhan to Silicon Valley, Manus did it in just nine months.

You may call it a “wrapper,” but it wrapped its way all the way to Meta.

How AI Helps Crypto Traders Analyze Markets, Manage Risk, and Trade Smarter

Crypto trading is no longer just about having a good idea—it is about executing consistently in a market that never stops. As data volumes and market speed increase, traditional manual analysis reaches its limits. AI helps traders move beyond these limits by transforming how markets are analyzed, how sentiment is interpreted, and how risk is controlled. This article explores how AI is reshaping crypto trading — and what that means for traders today.

WEEX × LALIGA: Seven Stars That Represent a Shared Standard of Excellence

True excellence in football is never accidental. It is built on discipline, consistency, and the ability to deliver under pressure — season after season. The same principles apply in professional trading, where long-term performance matters more than short-lived momentum. As an official regional partner of LALIGA, WEEX highlights seven outstanding players who embody the league’s competitive spirit and global appeal. Each brings a unique style to the pitch, yet all share values that closely align with WEEX’s commitment to stability, precision, and professional execution. This partnership is built on shared standards — where consistency and control define performance under pressure.

Arkstream Capital: When Cryptocurrency Returns to 'Financial Logic' by 2025

By 2025, the focal point of the crypto market will no longer revolve around the technological cycle of a single public chain or the self-referential narrative on-chain but will instead enter a deepening stage dominated by "external variable pricing and financial onramp competition."

The Year Trump Embraced Cryptocurrency

The line between gambling, speculation, and investment has largely blurred

IOSG: Port and New City, Two Cryptoverse Views of BNB Chain and Base

The true winner may not be any single chain itself, but those who can understand both ecosystems and freely move between them, including applications and teams.

Popular coins

Latest Crypto News

Read more