Toncoin has made a significant leap into the top ten cryptocurrencies, outpacing well-known assets like Shiba Inu and Cardano. This surge was fueled by Telegram’s announcement in March about a potential initial public offering (IPO), leading whales to accumulate TON in anticipation of a price hike.
Since November 2023, Cardano (ADA)has experienced a significant increase in accumulation by crypto whales. This trend has intensified recently, with more frequent transactions exceeding $100,000 — an indicator of whale activity.
Despite recent price corrections lasting nearly two months, Arbitrum (ARB)remains a focal point for crypto whales. These investors have been steadily accumulating ARB, possibly to prevent further price declines and to position themselves for future gains.
DRN, part of the UTON blockchain-DAapps ecosystem, is attracting significant attention from whale investors. Known for its play-to-earn model, DRN allows users to earn tokens while playing games, with the potential to earn up to five times their initial investment.Moreover, DRN commitment to long-term 50 billion market value subsidy plan add to its appeal.