Top 3 Crypto Whales Are Accumulating as the Market Crashes!

Jakarta, Pintu News – On March 4, 2025, the crypto market experienced a nearly 10% drop in the last 24 hours as the euphoria surrounding the US crypto reserve faded and Donald Trump’s decision to impose new tariffs on Mexico, Canada, and China.

This pressure further exacerbated the market conditions that were already in a correction phase. Despite the price drop, crypto whales have started to accumulate ADA, CAKE, and RENDER, signaling an investment opportunity when prices are low.

ADA plummeted 16% on the day, struggling to maintain support below $0.85, while CAKE saw a surge in interest, mainly due to being one of the highest-earning protocols in recent weeks.

On the other hand, RENDER has fallen 33% in the past 30 days, opening up the potential for a future rebound.

Read also: Top 5 Crypto Picks from Analysts Before White House Crypto Summit on March 7, 2025!

Is it a good time to follow the whale movement?

Cardano (ADA) Under Pressure: Whale Buys ADA Amid Market Correction

In the midst of the crypto market correction, whale investors took advantage of the price drop to accumulate ADA, despite its 16% price drop in the last 24 hours (4/3/25). The price surge that occurred after Cardano was included in the US strategic crypto reserve turned out to be short-lived, before it was again dominated by bearish momentum.

However, accumulation by whales shows confidence in ADA’s long-term potential. On-chain data revealed that the number of whales holding 1-10 million ADA increased from 2,442 on March 1 to 2,464 on March 3, indicating that whales are buying more ADA as prices fall.

While this could signal a future recovery, ADA is still struggling to break back through key resistance levels. After briefly returning to $1, the ADA price has now dropped back below $0.85, with the potential to continue falling to $0.70.

Uncertainty in the community regarding the exact reason ADA was included in the US strategic crypto reserve also added to the selling pressure. However, if market sentiment improves, ADA has the potential to return to its uptrend and test the $1.10 to $1.20 level in the near future.

PancakeSwap (CAKE) is on the Rise: Whale Starts Accumulation, Ready to Break $2?

In recent weeks, PancakeSwap (CAKE) experienced a surge in popularity, becoming one of the protocols with the highest revenue in the last 30 days.

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This increase comes as BNB’s trading volume begins to compete with Solana (SOL) and Ethereum (ETH), attracting greater interest from the market.

Along with this trend, crypto whales have started accumulating CAKE in recent days, reinforcing the potential for price increases. Data shows that the number of wallets holding 1 million to 10 million CAKE increased from 26 on March 1 to 30 currently, signaling growing demand.

As of March 4, CAKE is holding at the strong support level of $1.35, which is a crucial point to keep the bullish trend going.

If BNB and CAKE’s momentum recovers, CAKE prices could test resistance around $2 and, with a strong enough push, potentially break $2.60 in the near term.

Render (RENDER) Under Pressure: Will Prices Turn Up or Continue to Fall?

As one of the leading AI cryptos, Render (RENDER) has been under immense pressure throughout 2025. Like other AI crypto assets, RENDER is experiencing a bearish trend, with prices down 33% in the last 30 days.

Weak market sentiment continues to add to selling pressure, leaving RENDER prices at a critical juncture that requires a change in momentum to avoid falling further.

However, despite the sharp correction, crypto whales have started accumulating RENDER in recent days. Data shows that the number of wallets holding 100,000 to 10 million RENDER increased from 153 on March 1 to 161 currently, signaling great investor confidence in its long-term potential.

Read also: Ripple (XRP) Crashing to $1? Should Investors Sell Now?

As of March 4, 2025, RENDER is testing an important support level at $3.30. If this level is broken downwards, selling pressure could intensify, pushing the price towards a deeper correction.

Conversely, in the event of a recovery, RENDER could potentially test resistance at $3.90 and, with enough momentum, break the $4 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.

Reference:

• BeInCrypto. What Crypto Whales Are Buying After the Market Crash? Accessed on March 5, 2025