
Jakarta, Pintu News – Following the sluggish performance of the crypto market last week, trading activity has started to pick up this week. The surge in momentum can be seen in the 6% increase in global crypto market capitalization in the last seven days.
A number of large investors, often called “crypto whales,” are taking advantage of this moment to accumulate some selected altcoins. From ETH to MNT, here are 3 altcoins that have caught the attention of crypto whales, according to a report by BeInCrypto (August 9).
Ethereum , the leading altcoin, topped the crypto whale buying list this week, with a huge holder netflow spike of 270% – indicating significant accumulation scale.
Read also: What are the Bitcoin, Ethereum, and Ripple Price Predictions for Next Week?

Large holder netflow measures the difference between the amount of tokens bought and sold by crypto whales in a given period. Large spikes like this reflect a strong accumulation trend among large holders, signaling increased confidence as well as a positive outlook towards the asset.
This increase in ETH purchases by crypto whales has pushed the price through the $4,000 level – the highest since last December. If the accumulation momentum continues to strengthen, ETH has the potential to continue its rally to the $4,500 range.

Conversely, if profit-taking returns, the price could potentially drop to the $3,920 range.
Solana -based meme coin Pepe was another altcoin that the crypto whale bought this week.
On-chain data from Nansen shows a 1.36% increase in holdings in high-value wallets holding over $1 million worth of PEPE tokens.

Such accumulation trends among large investors signal confidence in the asset’s short-term potential.
The strong interest from crypto whales may prompt increased buying by retail investors, thereby sustaining and extending PEPE price gains in the past week.
If this accumulation trend holds, PEPE has a chance to rise to $0.00001315. Conversely, if demand weakens, the price could drop back down to $0.00001070.
Read also: Crypto Market Cap Rises: 7 Altcoins in the Spotlight, What’s Up?

Mantle’s 52% weekly rally put it on the crypto whale radar this week.

On-chain data shows that whales holding between 1 million and 10 million tokens have added 2.39 million MNT over the past week.
The group now controls 20 million MNT, the highest amount in a month.

If the crypto whale accumulation intensifies, the price of MNT could potentially rise towards $1.1496. However, if there is a sell-off again, the price could fall below $1.0361.
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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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