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Whales add millions in altcoins amid April accumulation

Whales add millions in altcoins amid April accumulation

GrafaGrafa2025/04/13 17:20
By:Mahathir Bayena

Crypto whales increased their holdings of select altcoins in the second week of April 2025, despite persistent market volatility tied to global trade tensions.

According to on-chain data from Santiment, whale activity in Dogecoin (CRYPTO:DOGE), Worldcoin (CRYPTO:WLD), and Ondo (CRYPTO:ONDO) pointed to a trend of accumulation that could impact short-term market direction.

Addresses holding between 100 million and 1 billion DOGE acquired 1.41 billion tokens, worth over $220 million, during the review period.

These holders now collectively own 25.68 billion DOGE, marking their highest level of ownership since December 2024.

The rise in whale-held DOGE comes as the token tests resistance around $0.17, with analysts watching closely for a potential move toward $0.23.

 “Whale accumulation of DOGE continues at a pace not seen in recent months, suggesting renewed interest in the asset,” according to Santiment.

Worldcoin (WLD), associated with OpenAI’s Sam Altman, also drew whale attention.

Between April 6 and 12, wallets holding 100,000 to 1,000,000 WLD accumulated 2.63 million tokens valued at approximately $1.94 million.

Analysts suggest continued accumulation by large holders may help the token outperform in a declining market.

Meanwhile, Ondo (ONDO), a token focused on real-world asset exposure, saw significant whale activity as well.

Santiment data shows that investors holding between 1 million and 10 million ONDO acquired 19.41 million tokens, worth about $17 million, in the past week.

If accumulation continues, it may reflect a broader market interest in RWA-based crypto projects heading into late April.

At the time of reporting, the Dogecoin price was $0.1677, the Worldcoin price was $0.7876, and the Ondo price was $0.8936.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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