What Are Crypto Whales Buying After the Market Crash?

What Crypto Whales Are Buying for Potential Gains in December 2024

Whales bought heavily during the recent market downturn, signaling renewed confidence in WLD, VIRTUAL, and ONDO. WLD ended 2024 with an 8% decline, but whale accumulation has pushed large holder addresses to all-time highs.

VIRTUAL, one of the hardest-hit AI tokens with a 71% drop, is now seeing a resurgence in whale buying, hinting at a potential recovery. Meanwhile, ONDO remains strong, up 5% in the last week, with steady accumulation from large investors reinforcing its position as a leading Real-World Assets (RWA) project.

Worldcoin (WLD)

Worldcoin ended 2024 with a disappointing 8% decline, frustrating many investors. This underperformance was even more noticeable as crypto AI agents gained traction late in the year, attracting users and capital.

Despite this, whales bought heavily during the recent market downturn, indicating renewed confidence in WLD’s long-term potential.

Number of Addresses Holding At Least 10,000 WLD. Source: Santiment.

Since January 31, the number of whales holding between 10,000 and 100,000 WLD, as well as those holding between 100,000 and 1,000,000 WLD, has surged to new all-time highs.

This aggressive accumulation suggests that large investors see value at current levels, despite WLD and the overall artificial intelligence market struggles. If whale buying continues, it could provide much-needed support for a potential recovery in the coming weeks.

Virtuals Protocol (VIRTUAL)

VIRTUAL was one of the hardest-hit AI tokens in the market, plunging 71% between January 3 and February 3.

This steep decline made it one of the biggest losers among top artificial intelligence cryptos, reflecting the broader sell-off in speculative sectors. Despite this, recent data suggests that whale activity could be signaling a potential shift in sentiment.

Number of Addresses Holding Between 10,000 and 100,000 VIRTUAL.
Number of Addresses Holding Between 10,000 and 100,000 VIRTUAL. Source: Santiment.

The number of whales holding between 10,000 and 100,000 VIRTUAL had stabilized after dropping from 841 on January 25 to 825 on January 27.

However, following the latest market crash, accumulation has resumed, with whale addresses rising from 827 on February 1 to 841 now.

Ondo (ONDO)

ONDO has established itself as one of the leading Real-World Assets (RWA) projects, surging 453% in 2024. Even amid the broader crypto market correction, ONDO has remained resilient, posting a 5% gain over the last seven days, as RWA is one of the most relevant crypto narratives for the next weeks.

Number of Addresses Holding at Least 1,000,000 ONDO.
Number of Addresses Holding at Least 1,000,000 ONDO. Source: Santiment.

The number of addresses holding at least 1,000,000 ONDO has been steadily increasing since January 12, rising from 180 to 186 between January 31 and February 3.

This accumulation, especially after the recent market downturn, suggests that large holders remain confident in ONDO’s long-term potential. Despite market volatility, the steady growth in whale addresses indicates that institutional and high-net-worth investors are still positioning themselves in ONDO.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

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