The crypto market has seen a notable uptick in activity this week, with total market capitalization rising by 10% over the past seven days.
This surge reflects renewed investor interest, particularly among large holders, who have strategically accumulated select altcoins.
Uniswap (UNI)
Uniswap’s governance token UNI is one of the tokens crypto whales bought this week. This is evidenced by its large holders’ netflow, up 492% over the past seven days.
The large holders’ netflow measures the difference between the amount of tokens that whales 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.
If whale accumulation persists, UNI could extend its rally to $7.10. On the other hand, if demand leans, UNI could shed recent gains and fall to $4.60.
MANTRA (OM)
OM’s recent price downturn has opened the door for strategic accumulation by some of its largest holders. According to on-chain data from Santiment, whale addresses holding between 10 million and 100 million OM tokens scooped up 26 million OM during the week under review.
This accumulation trend follows a dramatic collapse in OM’s price on April 13. The token suffered a flash crash that erased over 90% of its value in less than an hour, wiping out more than $5.5 billion in market capitalization.
The price plunge shook retail sentiment, but whales appear to have viewed it as a discounted entry point, positioning themselves for a potential recovery.
If this trend continues, OM could rally above $1. However, once selloffs resume, its price could fall to $0.022.
Worldcoin (WLD)
Sam Altman-linked WLD is another altcoin that crypto whales bought this week. On-chain data shows that whales holding between 1 million and 10 million tokens have acquired 13 million WLD over the past week.
This group of WLD investors holds 798.06 million tokens at press time, marking their highest recorded balance. If WLD whales increase their accumulation, its price could rally back above $1.
On the other hand, if selloffs continue, it could fall to $0.57.
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