Crypto whales are increasing their Bitcoin, Ethereum, and XRP holdings despite weak prices. New on-chain data suggests the market could be nearing the final stage of the current bear cycle.
BTC$64,911.00+0.30%
XRP$1.03-1.90%
ETH$1,917.92+0.20%Large investors are quietly buying Bitcoin (BTC), Ethereum (ETH), and XRP, even as the crypto market remains under pressure.
According to new research from CryptoQuant, whale accumulation has continued across several major cryptocurrencies. Analysts believe this could signal that the market is approaching the final stage of the current bear cycle.
While prices remain weak, steady buying from large holders often shows growing confidence in a long-term recovery.
CryptoQuant's Head of Research, Julio Moreno, says the largest investors are adding more coins while prices remain close to or below their average buying price.
According to the report, this reduces selling pressure because long-term investors are choosing to accumulate instead of exit the market.
Moreno noted that this type of behavior has often appeared during the later stages of previous market downturns, when experienced investors begin positioning for the next recovery.
Although this does not guarantee a bull market, it may suggest that the worst of the current decline is nearing its end.
The report also highlights growing whale activity in XRP.
Large investors continue placing sizable buy orders while XRP trades between $1.00 and $1.20, giving the token a market capitalization of roughly $66 billion.
At the same time, CryptoQuant's 90-day Taker Cumulative Volume Delta (CVD) has moved into neutral territory.
This suggests that buying and selling activity is relatively balanced. Instead of aggressive trading, whales appear to be quietly accumulating XRP without creating sharp price movements.
Analysts believe this reflects a period of steady accumulation rather than panic selling.
CryptoQuant noted that Bitcoin is showing similar signs.
Large investors continue adding BTC despite recent market weakness, suggesting confidence in Bitcoin's long-term outlook.
Rather than selling into price declines, many institutional and large holders appear to be increasing their exposure while prices remain relatively low.
This pattern has been seen before during previous market cycles, where whale accumulation often happened before broader market recoveries.
Despite the positive on-chain data, XRP's technical chart remains cautious.
At the time of writing, XRP is trading around $1.03, down about 2.1% over the past 24 hours.
The token is still trading below both its 50-day and 200-day Exponential Moving Averages (EMA). The 50-day EMA also remains below the 200-day EMA, creating a pattern known as a death cross.
A death cross is generally viewed as a bearish signal because it shows that long-term momentum is still weak.
Other technical indicators also show that XRP has not yet confirmed a trend reversal.
The Relative Strength Index (RSI) is around 39.5, which is below the neutral level of 50 but still above the oversold zone.
Meanwhile, the Average Directional Index (ADX) sits near 10, indicating that there is currently no strong trend driving the market.
Overall, XRP appears to be moving sideways rather than beginning a strong recovery.
Although whales continue accumulating XRP, technical confirmation is still missing.
For bullish momentum to strengthen, XRP would need to close above its 200-day EMA, currently near $1.12.
If buyers succeed, it could signal that accumulation is beginning to influence price action.
On the downside, immediate support sits around $1.04. If XRP falls below this level, the next major support zones are around $0.92 and $0.84.
The latest on-chain data suggests that some of crypto's largest investors are quietly increasing their Bitcoin, Ethereum, and XRP holdings despite ongoing market uncertainty.
Historically, whale accumulation has often occurred during the later stages of market downturns. While this does not guarantee that a new bull market is about to begin, it may indicate that experienced investors are preparing for the next phase of the market cycle.
For now, on-chain data points to growing confidence among large holders, while technical indicators suggest traders should continue watching for confirmation before expecting a sustained recovery.
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