Whales Are on the Move: 3 Crypto They’re Buying Right Now!
Jakarta, Pintu News – Donald Trump’s decision to postpone plans to impose new tariffs has revived the crypto market. Prices have started to creep up, investor confidence has been restored, and the “crypto whales” are back to accumulating.
This latest recovery likely marks a local bottom, where some crypto assets are starting to bounce back from previous lows. Currently, whales are buying up a select number of altcoins that are considered to have great upside potential.
In this analysis, here are three altcoins that are being bought by whales, the reasons behind their actions, and what impact they could have on future price movements.
MANTRA (OM)
Mantra’s inclusion in the list of altcoins being accumulated by crypto whales may have surprised some market observers. However, for others, this move is considered to be the right decision.
Read also: Mantra CEO Pledges to Burn $236 Million to Protect the Community After OM Token Crash!
Earlier this week, OM prices plummeted by 90% under controversial circumstances. This sudden fall sparked accusations of a “rug pull”, with many pointing the finger at the MANTRA team as the mastermind behind the incident.
However, project developer MANTRA denied any involvement in the collapse. As a result of this incident, OM’s market value plummeted from around $6 and is now trading at around $0.64.
Post-incident, on-chain data from Santiment showed that crypto whales started accumulating OM tokens. Specifically, CCN monitored the activity of wallets holding between 100 million and 1 billion tokens.
On April 13, 2025, the group was recorded as holding around 300 million tokens. Now, that number has increased to 430 million tokens, indicating that the whales are taking advantage of the price drop to buy more OM.
At OM’s current price, the whales’ total accumulation is estimated to be worth around $275 million. The MANTRA team’s promise to restore market confidence – including plans to burn part of their token allocation as well as launching a buyback program – seems to be a driving factor for renewed interest in OM.
If this accumulation trend continues, OM has the potential to break back above $1 in the near future. However, if the confidence of the whales starts to waver, OM could slump back to a new low.
Uniswap (UNI)
In second place on the list of altcoins being accumulated by crypto whales is UNI, the governance token of the Uniswap protocol. Over the course of the year, the price of UNI has seen a decline of about 60% and is currently hovering around $5.
This latest price drop seems to open up buying opportunities, with on-chain data from Spot On Chain showing that a whale had bought 818,474 UNI – worth more than $4 million – on April 17.
Interestingly, the same whale also accumulated AAVE tokens, which indicates a new positive sentiment towards the DeFi (Decentralized Finance) sector.
If this momentum continues, UNI has the potential to breakout and target the $10 price level in the near future. However, if buying pressure weakens, UNI risks hitting a new low this year.
Read also: Massive Token Unlocks Incoming: 3 Altcoin You Need to Watch This Week!
Threshold Network (T)
T, the native cryptocurrency of Bitcoin-based cross-chain liquidity protocol Threshold Network, is also on the list of altcoins being bought up by crypto whales.
On April 19, 2025, the market value of T jumped by almost 50% as activity on the Threshold network increased.
For example, data from Nansen shows that asset management firm Apollo Capital recently brokered $227,000 into TBTC, which is backed by the Threshold Network project.
This increased activity seems to have caught the attention of crypto whales. Based on data from IntoTheBlock, the flow of funds from large holders to T tokens jumped from 44 million to 121 million in the last three days.
This spike indicates that the whales have invested almost $2 million into the T token. As long as this capital flow continues into Threshold Network, there is a good chance that the T price will continue to rise.
But on the other hand, if the whales stop accumulating or start offloading some of their holdings, the price of T is at risk of correction.
Overall, it’s worth remembering that the crypto market is highly volatile, so it’s always advisable to do your own research before making any investment decisions.
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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.
Reference:
- CCN. Crypto Whales Are Buying These Altcoins After the Market Bottom. Accessed on April 21, 2025
