Bitcoin’s Breakout Fuels Whale Activity in Avalanche and Ethereum, Suggesting Potential Price Gains
By: en coinotag|2025/05/03 01:00:13
0
Share
Whale activity surged across multiple altcoins in the first week of May 2025, fueled by Bitcoin’s breakout above $95,000. Avalanche (AVAX) saw a 380% increase in large holder netflows, potentially pushing its price towards $30 if accumulation continues. Ethereum (ETH) experienced a steady 3% rise, with whales acquiring 280,000 ETH. If momentum persists, this could drive its price above $2,000. Bitcoin’s decisive surge above $95,000 has reignited bullish momentum in the crypto market, prompting significant whale activity in altcoins. Avalanche (AVAX): A Rising Star Among Altcoins Layer-1 (L1) coin AVAX has seen increased whale attention this week, reflected by the spike in its large holders’ netflow. According to IntoTheBlock, this has rocketed over 380% in the past seven days. A large holder is a wallet address holding over 0.1% of an asset’s circulating supply. The large holders’ netflow tracks these investors’ buying and selling activity. When it rises, crypto whales buy more tokens. This bullish signal often prompts retail investors to increase their holdings. If AVAX ’s accumulation trend persists, its price could breach the resistance at $24.28 and rally toward $30.23. Conversely, if demand wanes, AVAX could fall to $14.66. Ethereum (ETH): Whale Accumulation Fuels Steady Growth Amid the recent broader market rally, ETH has recorded a modest 3% price uptick in the past seven days, buoyed by steady whale accumulation. According to Santiment, during that period, whale addresses holding between 10,000 and 100,000 coins have acquired 280,000 ETH valued at over $510 million at current market prices. As of this writing, this cohort of ETH whales controls 25.24 million ETH, their highest holding in the past month. ETH ’s price could be driven above the psychological $2,000 mark if whale accumulation persists. However, if the bears regain dominance, they could push the coin’s price to $1,733. Pepe (PEPE): The Meme Coin’s Resilient Whale Interest Popular meme coin PEPE is another asset that has seen a surge in crypto whale accumulation this week. Per Santiment, wallet addresses that hold between 100,000 and 1 million tokens have bought 350 million PEPE in the past seven days. At press time, the meme coin trades at $0.0000086. If whale accumulation persists, PEPE could reverse its current downtrend and break above the resistance at $0.0000010. On the other hand, if sell-offs continue, the token’s price could drop to $0.0000052. Conclusion The recent spike in whale activity across altcoins like AVAX , ETH , and PEPE emphasizes a shifting market sentiment, marking a potential turning point for the crypto landscape. A continued bullish trend driven by whale accumulation could lead to significant price increases. Investors should remain vigilant as market dynamics unfold.
You may also like

If the AI bubble has already burst, who will truly remain?
What remains after the AI bubble bursts? The plummeting cost of computing power is driving AI to accelerate the reshaping of various industries. What will be left after the major reshuffle is an irreversible revolution in real productivity.

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...
Overview of Important Market Events on June 15

What is the connection between Huang Zheng of Pinduoduo and blockchain?
From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.

The other side of Musk's trillion-dollar fortune: 85% cannot be sold
SpaceX's IPO is a math problem, and the answer is not on the pricing day, but in the first quarter after the lock-up period ends.

The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal
The sudden removal of the two models has caused widespread shock in the tech industry and the AI community.

Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market
The tokenization of financial assets is moving from pilot projects to large-scale implementation, but this is a gradual evolution rather than a fierce revolution.

The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?
Tech giants like SpaceX and OpenAI have sparked a $35 trillion super IPO wave. The "suction effect" is not enough to crash the stock and crypto markets, but the test of high valuations is just beginning.

Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus
Overview of Important Market Events on June 11

a16z Crypto Partner: Cash flow is the moat
Most companies spend years creating network effects on traditional infrastructure. Crypto founders inherit them as starting conditions.

Cryptocurrency market makers collectively seek change as it becomes increasingly difficult to make money
There is more and more to do.

How TradeXYZ, xStocks, and Alpaca break down the SpaceX IPO into three different strategies
The value of tokenized products ultimately depends on whether the underlying structure is sound, rather than just the price displayed on the interface.

$75 billion in risk asset redistribution: How will SpaceX's IPO affect U.S. stocks and Bitcoin?
The SpaceX IPO is short-term "capital competition" for the cryptocurrency market, while in the medium to long term, it leans towards "narrative endorsement" for Bitcoin.

Why Is BlackRock Investing $5 Billion in the SpaceX IPO?
What is driving the massive demand for the SpaceX IPO, and why did BlackRock place a $5 billion order? Learn how the historic listing could impact SpaceX stock, Bitcoin, SPCX, and crypto markets.

Morning News | CME Group launches Nasdaq Cryptocurrency Index futures; Asset management giant Janus Henderson strategically invests in Ethena
Overview of Important Market Events on June 10

Bitcoin Layer 2 Network Botanix: Why Did We Choose to Dissolve?
The Bitcoin L2 star project Botanix announced a gradual shutdown, with the team admitting to facing severe challenges from the failure of its business model and the prevailing trends. Users are urged to withdraw all assets before July 9, 2026.

Why did Oracle deliver the strongest financial report in history, yet its stock price fell?
Oracle's revenue for fiscal year 2026 set a record, with AI cloud orders soaring to $638 billion, but massive capital expenditures on computing power led to negative free cash flow, causing a 5% drop in after-hours stock prices.

When the P2P illicit funds from ten years ago turned into 60,000 bitcoins
The largest Bitcoin money laundering case in the UK has new developments: 16,000 Chinese victims are pursuing 61,000 seized Bitcoins across borders, and the dispute over the applicability of UK and Chinese laws will directly determine whether the victims can share in the soaring profits.

Dialogue with OmenX Founder: Why does the prediction market need an evolution from "spot" to "derivatives"?
How to reconstruct the prediction market using leverage?
If the AI bubble has already burst, who will truly remain?
What remains after the AI bubble bursts? The plummeting cost of computing power is driving AI to accelerate the reshaping of various industries. What will be left after the major reshuffle is an irreversible revolution in real productivity.
Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...
Overview of Important Market Events on June 15
What is the connection between Huang Zheng of Pinduoduo and blockchain?
From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.
The other side of Musk's trillion-dollar fortune: 85% cannot be sold
SpaceX's IPO is a math problem, and the answer is not on the pricing day, but in the first quarter after the lock-up period ends.
The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal
The sudden removal of the two models has caused widespread shock in the tech industry and the AI community.
Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market
The tokenization of financial assets is moving from pilot projects to large-scale implementation, but this is a gradual evolution rather than a fierce revolution.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com



