Whales are on the Hunt: 2 Crypto They’re Snapping Up After the Market Crash!

Updated

April 9, 2025

Gambar Whales are on the Hunt: 2 Crypto They’re Snapping Up After the Market Crash!

Jakarta, Pintu News – Crypto whales have quietly started to move on Ethereum and Optimism , while accumulation in most other major coins has been stagnant or even negative.

Between April 4 and 6, 2025, both ETH and OP saw a significant increase in the number of large wallet holders, despite the market undergoing a sharp correction.

This kind of behavior is often an early sign of confidence from institutional players, which can be a hint of a potential market reversal.

With ETH prices approaching $1,400 and OPs trading at a three-year low, the next few days could be a crucial moment if accumulation by whales turns into a new bullish impulse.

Ethereum (ETH)

Between April 5 and 6, crypto whales started accumulating ETH. The number of Ethereum whale wallets-which hold between 1,000 and 10,000 ETH-increased from 5,340 to 5,388, signaling a silent accumulation phase amid a broader market correction.

Monitoring the movements of these large holders is very important, as their behavior is often an early indicator of large market movements. When whales start accumulating, it could indicate increased confidence in the long-term value of the asset and hint at a possible trend reversal.

If ETH’s current downward trend continues, the price could potentially drop below $1,400 for the first time since January 2023, which could pave the way for a deeper drop.

However, the recent increase in whale activity indicates a hidden optimism.

If the momentum changes and ETH manages to return to the $1,748 level, the price has a chance to rise further towards $1,938, and with a strong enough rally, it could even retest the $2,000 level-which is a psychologically and technically important point for bullish investors.

Optimism (OP)

The number of Optimism whale wallets-which hold between 10,000 to 1,000,000 OPs-increased from 4,138 on April 4 to 4,151 on April 6.

This increase shows that large holders are starting to accumulate, despite the general market still being under heavy selling pressure.

This increase in whale activity could reflect long-term confidence in the Optimism project, even amidst the current market uncertainty.

In uncertain times like now, accumulation by large investors is often an early signal of a potential reversal, as institutions or high-net-worth individuals usually act faster than retail investors.

Currently, OP is trading near its lowest level in almost three years and is under considerable downward pressure. If the correction continues, the token could break the $0.50 support level.

However, if the latest accumulation by the whales reflects a change in momentum, OP has a chance to recover and test the resistance level at $0.65.

If it manages to break the level, a path towards $0.77 could open up, and in a stronger recovery scenario, OP could even retest the $0.84 level.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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