Ethereum (ETH)
Ethereum is still the top altcoin by market cap. But its price has dropped more than 19% over the last 30 days. Even so, whales seem to see this dip as a buying opportunity.
Between April 15 and today, the wallets with 1,000 to 10,000 ETH rose from 5,432 to 5,460. That’s the highest level since August 2023.
This move shows confidence in Ethereum’s long-term future. But it also means a few wallets hold more ETH, raising some concerns about centralization.
ETH Price Zones to Watch:
|
Scenario |
Key Price Levels |
|
Support Levels |
$1,535 → $1,412 → $1,385 |
|
Resistance |
$1,669 → $1,749 → $1,954 |
If whales hold strong, they might stabilize the price. But if they start selling, it could bring more volatility.
Artificial Superintelligence Alliance (FET)
FET is gaining attention again, thanks to the comeback of AI-themed tokens.
Whale wallets of 10,000 to 1,000,000 FET rose from 572 to 586 between April 13 and April 19. That shows more large holders are betting on the AI narrative gaining strength.
FET has gained more than 13.5% in the past week and 8% in just 24 hours. Other AI tokens like TAO and RENDER are also up. The whole sector is heating up again.
FET Price Levels to Watch:
|
Scenario |
Key Price Levels |
|
Support Levels |
$0.54 → $0.44 |
|
Resistance |
$0.659 → $0.77 → $0.82 |
If momentum continues, we could see FET push through resistance levels. But if sentiment shifts, it could slip back to lower support.
Onyxcoin (XCN)
Onyxcoin was a strong performer earlier this year. In the last 30 days, it jumped over 57%, but now it’s pulling back—down 19% in the past week.
Still, whales are buying. Wallets with 1 million to 10 million XCN rose from 528 to 541 since April 16. This shows that some whales are buying the dip.
XCN Price Zones to Watch:
|
Scenario |
Key Price Levels |
|
Support Levels |
$0.0165 → $0.0139 → $0.0123 |
|
Resistance |
$0.020 → $0.027 |
XCN’s next move may depend on how whales behave in the coming weeks. If buying continues, it could rebound. But more selling could drive it lower.
What This Means for May 2025
Here’s a quick overview of whale activity:
|
Token |
Whale Growth (Last 7 Days) |
Current Focus |
|
ETH |
+28 wallets (1k–10k ETH) |
Long-term accumulation |
|
FET |
+14 wallets (10k–1M FET) |
AI sector rebound |
|
XCN |
+13 wallets (1M–10M XCN) |
Buying the dip |
Whales are clearly watching trends. They’re buying into AI hype with FET, trusting ETH’s long-term value, and betting on a rebound for XCN.
For regular investors, these moves can offer clues. But remember, whales play a different game. They can afford to wait out the market—and they can also move it.
As May unfolds, keeping an eye on whale behavior might help you stay ahead of the trend.
