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Cryptocurrency News Articles
Whales Aggressively Accumulated RWA Token ONDO and AI Coin VIRTUAL in January, Anticipating February Gains
Feb 01, 2025 at 01:00 am
Whales bought several promising altcoins in January, positioning themselves for potential gains in February 2025. ONDO saw aggressive accumulation as interest in Real-World Assets (RWA) surged, while VIRTUAL attracted buyers despite a sharp correction in the AI sector.
Whales, known for their substantial cryptocurrency holdings, played a pivotal role in January's market activity, positioning themselves for potential gains in February. Here's a closer look at three altcoins that saw significant whale accumulation.
Ondo (ONDO) Surges on RWA Interest
ONDO, a token pegged to a basket of Real-World Assets (RWA), has emerged as a top performer, surging nearly 17% in the last 30 days. With growing interest in RWA adoption, ONDO has attracted substantial attention from investors.
Whale addresses, indicating holdings of at least 10,000 ONDO, have been increasing steadily throughout January. According to Santiment's data, addresses holding between 10,000 and 100,000 ONDO surged from 1,727 to 2,221 in the last two weeks.
Moreover, addresses holding 100,000 to 1,000,000 ONDO also increased significantly, rising from 289 to 332 during the same period. Even larger whales, known as "Krakens," holding 1,000,000 to 10,000,000 ONDO, grew from 139 to 175.
no institutional interest in rwa
This strong whale accumulation coincides with increasing institutional interest in RWAs. Notably, BlackRock and Morgan Stanley have expressed interest in integrating RWA strategies into their offerings.
With ONDO serving as a key token in the RWA space, this institutional involvement could drive further price momentum for ONDO in February. As institutional players continue to enter the market, whale accumulation trends may play a crucial role in shaping the upcoming market movements.
Whales Accumulate VIRTUAL Despite AI Correction
Virtuals Protocol (VIRTUAL) is one of the top projects in the crypto AI agents trend, despite being down 40% in the last 30 days. Whales began accumulating VIRTUAL last week, signaling the start of an accumulation trend.
Whales holding at least 100,000 VIRTUAL have been increasing over the past week, suggesting confidence in the project despite its recent correction. Large holders are positioning themselves for a potential rebound as the AI sector continues to unfold.
VIRTUAL, with a market cap of $1.5 billion, is one of the largest AI coins. If hype around crypto AI agents returns in February, this accumulation trend could help drive a price recovery for VIRTUAL.
ZRO Whales Anticipate LayerZero Recovery
LayerZero (ZRO) has dropped nearly 23% in the last 30 days, despite a 5% gain in the last 24 hours following LayerZero's resolution of the FTX lawsuit.
Whales bought ZRO steadily throughout January, with a significant increase in whale addresses observed between December 29, 2024, and January 30, 2025. During this period, the number of addresses holding between 100,000 and 1,000,000 ZRO increased from 84 to 113.
With the lawsuit now settled, these large holders may be anticipating further recovery in ZRO. If momentum continues, we could see a strong return of investor interest in ZRO in the coming weeks.
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