Crypto Whales Accumulate Optimism, Movement, Onyxcoin Amid Market Corrections

Generado por agente de IACoin World
martes, 11 de marzo de 2025, 2:18 pm ET1 min de lectura

Crypto whales have been actively accumulating Optimism (OP), Movement (MOVE), and Onyxcoin (XCN), signaling potential opportunities despite recent market corrections. These three tokens could be considered the best crypto to buy now based on the accumulation pattern observed by these large investors.

Optimism (OP) has faced significant challenges this cycle, with its price down over 81% in the past year. However, the number of wallets holding at least 10,000 OP has increased from 4,071 to 4,081 over the past four days, indicating that some larger investors are accumulating despite the prolonged downtrend. If this accumulation leads to renewed bullish momentum, OP could attempt to reclaim key resistance levels, starting with $0.87. A breakout above this level could trigger a move toward $1.06, and if bullish momentum strengthens further, OP might even test $1.17. However, if selling pressure continues and the current bearish trend remains intact, OP could face further declines, potentially dropping below $0.70.

Movement (MOVE) has shown resilience, consolidating while other cryptos dropped. The number of wallets holding between 10,000 and 1,000,000 MOVE has increased from 291 on March 2 to 336, indicating that crypto whales have been actively accumulating. This accumulation comes after MOVE’s Mainnet Beta launch and ETF filings, which have driven increased investor interest. Additionally, MOVE has been in the spotlight over the past few months, particularly after securing $100 million in Series B funding in January. While many cryptocurrencies have faced sharp corrections this week, MOVE has remained relatively stable, showing signs of consolidation rather than severe losses. If this accumulation translates into bullish momentum, MOVE could break out of its consolidation phase and test key resistance levels at $0.55 and $0.59, with a potential extension toward $0.76 if buying pressure accelerates. However, if a new downtrend emerges, MOVE could face critical support tests at $0.41, and a further breakdown could send it as low as $0.37.

Onyxcoin (XCN) has been one of the most trending altcoins of 2025, with its price surging more

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