The cryptocurrency market has rebounded slightly this week following President Trump’s Monday announcement of the Israel-Iran ceasefire.
Some assets have since extended their rallies, while others posted more tepid performances, struggling to maintain upward momentum. Amid this mixed market recovery, on-chain data reveals that crypto whales have been quietly accumulating select altcoins, including UNI, WLD, and SAND.
Uniswap (UNI)
This week, decentralized finance (DeFi) token UNI has received significant whale attention. This is reflected by its large holders’ netflow, up 190% over the past seven days, per IntoTheBlock.
Large holders are investors that hold more than 0.1% of an asset’s circulating supply. Their netflow measures the difference between the amount of tokens that they buy and sell over a specified period. When it surges like this, it signals strong accumulation by whales, suggesting growing confidence or a bullish outlook on the asset.
Moreover, the surge in large holder netflow could prompt retail traders to ramp up their UNI accumulation. If this buying pressure continues, the altcoin could break into the $7 price zone.
On the other hand, if demand falls, the token’s price could dip to $5.91.
Worldcoin (WLD)
WLD, the token that powers Sam Altman’s Worldcoin, is another altcoin that crypto whales have bought this week. Data from Santiment shows a notable rise in the coin holding of whale wallet addresses that hold between 100,000 and 1 million WLD tokens.
During the week in review, this cohort of WLD holders acquired 1.72 million tokens, which are currently valued at over $3 million.
If this whale demand soars, it could propel WLD’s price above the resistance at $0.97 in the near term.
However, if sentiment flips bearish and whales sell for profit, WLD could shed some of its value and plunge toward $0.57.
Metaverse-based token SAND is another asset that has seen a surge in crypto whale activity this week. According to data from Santiment, large investors holding between 1 million and 10 million tokens have accumulated 7.45 million SAND over the past week.
This significant uptick in whale accumulation suggests growing confidence in SAND’s long-term potential.
If this buying trend extends to retail traders, it could further strengthen the token’s bullish momentum in the coming weeks and push its price toward $0.30.
On the other hand, if demand buying activity declines, SAND’s value could dip to $0.21.
Disclaimer
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