Crypto Whales Accumulate ADA, APE, TON Amid Market Consolidation

In the third week of April 2025, the crypto market experienced significant consolidation as bulls attempted to regain control. During this period, crypto whales, known for their substantial holdings, accumulated select altcoins, positioning themselves for a potential market rebound. This strategic move by whales suggests confidence in the long-term value of these assets despite short-term market volatility.

One of the altcoins that caught the attention of whales was Cardano (ADA). According to on-chain data, whale addresses holding between 10 million and 100 million ADA acquired 190 million coins valued at approximately $2.40 billion at current market prices. This accumulation occurred as ADA oscillated within the $0.59 —$0.63 price range. The surge in whale accumulation during a period of price consolidation indicates confidence in ADA's long-term value. If demand strengthens, ADA could breach the $0.63 resistance and climb to $0.70. However, if profit-taking resumes, ADA could extend its decline and fall to $0.55.

Another altcoin that received significant attention from crypto whales was ApeCoin (APE). Large whale addresses holding between 100 million and 1 billion APE accumulated 11 million tokens during the week. This cohort of APE investors currently holds 175 million tokens, valued at approximately $75.25 million at current market prices, representing their highest wallet holdings since December 2024. If whale demand soars, APE could continue its steady rally and potentially exchange hands at $0.59. Conversely, if demand dips, its price could fall to $0.0.34.

Telegram-linked Toncoin (TON) was also atop crypto whales’ list this week. The large holders’ netflow for TON rocketed 164% in the past seven days. When an asset’s large holders’ netflow climbs like this, it signals a surge in whale accumulation, a trend that could prompt retail traders to boost their demand, potentially driving the asset’s value higher in the near term. If TON whales increase their accumulation, its price could rally to $3.75. On the other hand, if selloffs continue, TON could fall to $2.35.

In summary, the third week of April 2025 saw crypto whales strategically accumulating select altcoins, indicating their confidence in the long-term value of these assets. The accumulation of ADA, APE, and TON by whales suggests potential bullish momentum ahead, as large holders anticipate a breakout in the market. However, the crypto market remains volatile, and the future performance of these altcoins will depend on various factors, including demand and market conditions.