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News Highlights:
- Large investors started accumulating Ethereum (ETH), Fartcoin (FARTCOIN), and Hyperliquid (HYPE) as Bitcoin prices weakened.
- Whale bought IDR5.9 trillion worth of ETH with a planned accumulation strategy.
- Positive sentiment and the potential for new ATHs make these two altcoins more attractive to large investors.
Jakarta, Pintu News—While the price of Bitcoin (BTC) has slumped to around $102,000 or around Rp1.66 billion, whale investors have started to accumulate a number of promising altcoins massively.
Based on the latest on-chain data, Ethereum (ETH), Fartcoin (FARTCOIN), and Hyperliquid (HYPE) are the three crypto-assets most actively purchased by whales. This movement suggests that big players are preparing for a potential altcoin market revival or alt season in June 2025.
Amidst market pressure, this accumulation strategy indicates a new direction for cryptocurrency.
Ethereum (ETH) is making a comeback for big investors. According to a report from Lookonchain, one whale bought more than 108,000 ETH worth IDR 4.6 trillion through Galaxy Digital’s OTC wallet. Not only that, the same whale had also previously withdrawn 89,000 ETH from the exchange platform, bringing the total accumulation to IDR 5.9 trillion in a short period of time.

This move does not appear to be mere speculation, but rather a planned accumulation strategy for the long term. Technically, the ETH price is now above most important EMA indicators and is nearing a 50% Fibonacci level breakout.
If this zone is successfully breached, Ethereum has the potential to continue its uptrend to the 78.6% to 100% Fibonacci target by the end of 2024. This whale sentiment strongly signals that ETH is still considered undervalued and has great room to grow in the crypto market.
Also read: Bitcoin plummets to $102,000, these 3 cryptos are green over the weekend!
Outside of Ethereum, meme-themed altcoins like Fartcoin (FARTCOIN) have also stolen the attention of whales. Based on the data, three whales are known to have bought around 9.2 million FARTCOIN, with an accumulated value of IDR154 billion. This indicates that despite being categorized as a crypto meme, FARTCOIN’s long-term potential is considered quite promising by large investors.

FARTCOIN is currently trading at $0.8910 or Rp14,492, despite a 5.7% correction in the last 24 hours. However, market optimism remains high as FARTCOIN’s long-term target is around $2.73, based on Fibonacci analysis of the previous ATH level.
On the other hand, if the price weakens again, FARTCOIN is expected to touch its lowest demand zone again. This places FARTCOIN as a high-risk asset with great profit potential.
Read also: 3 Crypto that Went Viral and Became the Target of Netizens

Hyperliquid (HYPE) has recently been in the limelight after news of a planned listing on Binance and the viral popularity of a trader named James Wynn on the platform. These factors have fueled investor enthusiasm for the HYPE project, including from whales.
According to OnchainLens, a whale made three days of incremental purchases worth more than IDR 97 billion, accumulating more than 170,000 HYPE. Technically, if HYPE manages to break the ATH level, the next target could be $58 or around Rp943,000. The large investor participation in this project is an indicator that HYPE has strong fundamental and speculative appeal in the altcoin market.
Strong signals of altseason are starting to emerge from the whales’ movements, which are now focusing on altcoins such as Ethereum (ETH), Fartcoin (FARTCOIN), and Hyperliquid (HYPE). While the broader crypto market is consolidating, this accumulation suggests that smart money is preparing for a potential price surge in June 2025.
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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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