CandleFocus

Crypto Whales Bought These Altcoins in the Third Week of February 2025

Author: Content Editor
In the past week, the global cryptocurrency market cap has risen by 2%. Crypto whales, or large investors, have been actively accumulating certain altcoins such as Maker (MKR), Lido (LDO), and ApeCoin (APE). Whales have accumulated 65,000 MKR tokens, valued at over $92 million, pushing the price up by 41% in the past seven days. They hold the largest count of MKR since April 2023. Whale activity has also increased for LDO, with an 184% rise in large holders' netflow, indicating major investors accumulating more coins. APE, the utility token of ApeCoin, has seen whale addresses acquire 2.93 million APE tokens. These activities suggest strong confidence or strategic positioning ahead of potential price movements, potentially pushing MKR to $1,780, LDO above $2, and APE towards $0.92.

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