Whales Bought the Dip: Crypto Analyst Highlights Activity from Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP (XRP) Investors

A widely followed crypto analyst is highlighting whale activity surrounding popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP

A prominent crypto analyst is tracking whale activity around leading crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week’s market dip.

In a new thread on social media platform X, crypto strategist Ali Martinez updates his 98,300 followers on large-volume investors accumulating the smart contract platform Cardano over the last two days.

“Cardano whales bought over 80 million ADA in the last 48 hours!”

The price of Cardano is $1.14 at the time of writing, down 6.22% over the last 24 hours.

Moving on to the dog-themed meme asset Dogecoin, Martinez highlights that whales hodling between 10 million and 100 million DOGE purchased a whopping 210 million tokens during the digital asset’s latest correction earlier this week.

Dogecoin is trading for $0.402 at the time of writing, down 4.7% on the day.

Coming to the top crypto asset by market capitalization, Martinez notes that high-net-worth BTC investors are using every dip to load up.

“Bitcoin whales are buying every dip! In fact, 342 wallets with over 100 BTC were created as prices dropped from $104,000 to $90,000.”

The flagship digital asset is priced at $99,121 at the time of writing, down 1.2% over the last 24 hours.

Concluding with XRP, the digital asset linked to payments platform Ripple, Martinez highlights that wallets hodling between 1 million and 10 million XRP scooped up the asset during its latest dips.

“In the recent dip, whales bought over 100 million XRP!”

XRP is trading for $2.43 at the time of writing, down 5% on the day.

A Generated Image: Midjourney