3 Cryptocurrencies Targeted by Whales in May 2025

Updated

April 23, 2025

Gambar 3 Cryptocurrencies Targeted by Whales in May 2025

Jakarta, Pintu News – In May 2025, several crypto tokens caught the attention of crypto whales, known for their massive investments.

Interestingly, this trend has also impacted the interest of retail users who are increasingly actively using crypto app to monitor price movements, market analysis, and make instant purchases.

The three most prominent tokens are Ethereum , Artificial Superintelligence Alliance , and Onyxcoin (XCN). These three tokens showed increased accumulation by large holders, signaling growing interest despite the volatile market.

Check out the full analysis here!

Ethereum (ETH)

The number of Ethereum (ETH) whales, who own between 1,000 and 10,000 ETH, has been increasing since April 15. On that date, there were 5,432 addresses. Now, the number has increased to 5,460, which is the highest number since August 2023.

The concentration of ETH holdings by these whales also reached a new high, indicating growing accumulation. While this could be interpreted as confidence in the long-term value of Ethereum (ETH), it also raises concerns about centralization and selling pressure if the whales decide to take profits.

Currently, the price of Ethereum (ETH) is down more than 19% in the last 30 days. If the correction continues, the price could test support at $1,535. Missing that level might push ETH towards deeper support at $1,412 or even $1,385.

Artificial Superintelligence Alliance (FET)

The number of Artificial Superintelligence Alliance (FET) whales, who hold between 10,000 and 1,000,000 tokens, has increased from 572 on April 13 to 586 on April 19. This growth in the number of large holders indicates increased confidence among large players.

This comes at a time when the AI crypto narrative is starting to show signs of recovery. Major AI coins such as Artificial Superintelligence Alliance (FET), TAO, and RENDER have all increased by over 9% in the last seven days, with FET alone up over 8% in the last 24 hours and 13.5% over the week.

This suggests a possible comeback of the artificial intelligence narrative in crypto. If this momentum continues, FET could push towards resistance at $0.659. If it manages to cross that level, it could open up opportunities for further upside, with $0.77 and $0.82 as the next targets.

Also read: Fartcoin (FART) Surpasses BONK as the 2nd Largest Solana Coin Meme!

Onyxcoin (XCN)

Onyxcoin (XCN) was one of the standout tokens in January, but its momentum faded in recent months. After surging over 57% in the last 30 days, the token is now experiencing a correction, down 19% in the last seven days. Despite the decline, accumulation continues.

The number of Onyxcoin (XCN) whales holding between 1 million and 10 million XCN has grown from 528 on April 16 to 541, suggesting that some large holders may be buying in times of falling prices. If the correction deepens, XCN could lose support at $0.0165.

A drop below that might open the door for further declines towards $0.0139 and $0.0123. However, if the trend reverses to the upside, the token could test resistance at $0.020. A break of strong resistance from there would probably lead to a move towards $0.027. With whale activity picking up and volatility returning, the next move of XCN could be decisive.

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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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