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Recent Crytpo whales buying-
Whales have accumulated three altcoins in the last week of July 31, 2024
- Ripple- According to Santiment, the number of addresses holding 100 million and 1 billion tokens has been increasing significantly since Jul 23 to 51 billion, a new all-time high.
- XRP whales have added over 140 million tokens in the past week.
Resistance - $0.68,$0.75/$0.830.
Support- $0.60/$0.53/$0.40.
Arbitrum (ARB)-
The number of whale addresses holding between 10000 and 10000000 increased significantly from Apr 1st to 10100 addresses, the highest since the token launch. According to IntoTheBlock, large holders of Arbiturm jumped by 87% in the past week.
Resistance to watch- $0.740,$0.830,$1. Major trend reversal level- $1.30
Support to watch- $0.670,$0.60. Major bearish trend only below $0.50.
ONDO-
ONDO has seen a large interest in institutional interaction and adoption in the past month. According to IntoTheBlock, large net holders surged by 870% in the last week.
The near-term resistance are $1.05,$1.15, $1.48. Major trend reversal level- $1.50. On the lower side, near-term support is $0.90,$0.85/$0.70. Major bearish trend only below $0.60.
