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Cryptocurrency Bigwigs Acquired These 3 Altcoins During the Initial Week of May 2025

Large-scale cryptocurrency investors, or 'whales,' increased their holdings in alternative tokens such as Avalanche (AVAX), Ethereum (ETH), and PEPE during the initial week of May 2025. This move ignited a surge of optimistic price trends throughout the digital currency market.

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Cryptocurrency Bigwigs Acquired These 3 Altcoins During the Initial Week of May 2025

Bullish Whale Waves Shaking Up Crypto Market

The latest surge in Bitcoin past the $95k barrier has sent ripples throughout the crypto sphere, especially among the big players. Here's a lowdown on the altcoins crypto whales are buzzing about this week.

Avalanche (AVAX) 🚀

The layer-1 contender AVAX has caught the eye of the crypto whales, as evident in a whopping 380% spike in large holder netflow in the past week. According to IntoTheBlock, these whales holding over 0.1% of the asset's circulating supply are on a buying spree!

This bullish signal often prompts retail investors to pile in, and if AVAX's accumulation trend continues, its price could breach the resistance at $24.28, potentially surging to $30.23. However, a drop to $14.66 looms if demand weakens.

Ethereum (ETH)

  1. The surge of Bitcoin to over $95k has triggered a response from crypto whales, particularly in the Ethereum market.
  2. The whale activity in Ethereum (ETH) has increased significantly, with a reported increase of 51% in large holder netflow in the last week.
  3. This bullish move in Ethereum has caught the attention of experienced investors, who are now conducting thorough analysis of the market.
  4. The whale accumulation of Ethereum tokens indicates a strong belief in its potential growth, pushing some traders to invest in ICOs associated with the Ethereum network.
  5. The bullish wave in Ethereum might lead to a price surge, with the next resistance at around $4,300, and a potential upward movement to $5,000.
  6. On the contrary, a drop in demand could pull ETH prices down to the support level of $2,800.
  7. Amid these price fluctuations, Pepe, a popular meme cryptocurrency built on the Ethereum blockchain, has seen an influx of trading activity as retail investors search for alternative investment opportunities.
  8. The rise of technologies like Ethereum and its compatible altcoins continues to reshape the financial landscape, making it an exciting time for both experienced whales and first-time investors alike.
Cryptocurrency heavyweights propelled altcoins such as Avalanche (AVAX), Ethereum (ETH), and PEPE during the initial week of May 2025, triggering a surge of optimistic patterns throughout the market.
Big-time cryptocurrency investors, termed as 'whales', propelled alternative coins such as Avalanche (AVAX), Ethereum (ETH), and Pepe (PEPE) during the initial week of May 2025. This surge fueled an optimistic market direction, stirring up bullish tendencies.

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