Crypto Whales Accumulate Ethereum, Mantra, Onyxcoin Post Trump Tariff Pause

Crypto whales have been actively accumulating Ethereum (ETH), Mantra (OM), and Onyxcoin (XCN) following the announcement of a 90-day tariff pause by Donald Trump. This move has sparked significant interest and investment in these cryptocurrencies, with each showing unique trends and potential for growth.

Ethereum (ETH) has seen a notable increase in whale activity, with the number of addresses holding between 1,000 and 10,000 ETH reaching its highest level since September 2023. This surge in accumulation suggests a renewed confidence in Ethereum's potential, despite the broader macroeconomic uncertainties. If Ethereum can maintain this momentum, it may test key resistance levels at $1,749, with further potential to rally toward $1,954 and $2,104. However, a sentiment reversal could see Ethereum retesting the $1,412 support zone, with potential downside extending to $1,200 or even $1,000.

Mantra (OM) has also been a focus for crypto whales, with the number of addresses holding between 10,000 and 100,000 tokens increasing from 386 to 389 between April 6 and April 10. This quiet accumulation coincides with the growing narrative around real-world assets (RWAs) on the blockchain, which have surpassed $20 billion in total value. RWAs have shown resilience during tariff-related volatility, further boosting confidence in the sector. If OM breaks past resistance levels at $6.51 and $6.85, it could climb above $7. However, a correction could push the token down to $6.11, with further downside risk toward $5.68.

Onyxcoin (XCN) has experienced a sharp spike in whale activity, with the number of addresses holding between 1 million and 10 million XCN rising from 503 to 532 between April 7 and April 10. This renewed interest has led to a 50% price surge in just 24 hours, breaking above the $0.02 mark. If this bullish momentum continues, XCN could rally toward resistance levels at $0.026, $0.033, and even $0.040. However, given the rapid price increase, a correction may follow, with potential downside extending to $0.020 and $0.014 if selling pressure accelerates.

In summary, the tariff pause has provided a boost to the crypto market, with whales showing particular interest in Ethereum, Mantra, and Onyxcoin. While these cryptocurrencies have shown potential for growth, investors should remain cautious of the broader macroeconomic uncertainties and the potential for corrections in the market.