Ethereum News Today: HBAR Whale Accumulation Surges as Price Hovers Near $0.25

HBAR, the native token of the Hedera Hashgraph network, has seen a significant increase in accumulation among large investors, often referred to as whales. On-chain data reveals that the number of wallets holding at least 1 million HBAR tokens rose from 82.41 to 84.09 between August 16 and August 23, while the count of wallets with 10 million tokens increased from 106.59 to 107.86 during the same period. At current prices around $0.25, this translates to millions of dollars in added exposure, indicating growing confidence in the token’s potential for further appreciation [1].

The accumulation trend is supported by favorable technical indicators. Despite a dip in HBAR’s price from $0.23 to $0.22 between August 19 and 22, the Relative Strength Index (RSI) showed a bullish divergence, climbing from 43 to 51. This suggests that buyers were actively absorbing supply even as the spot price declined, signaling underlying strength in the market [1]. Analysts have noted that such divergences often precede upward price movements and can serve as early warnings of a reversal in bearish momentum.

HBAR is currently trading near $0.25, with the $0.27 level identified as a key resistance. Breaking through this threshold could pave the way for a move toward $0.30, potentially allowing the token to outperform broader cryptocurrency market trends [2]. Long-term forecasts from some exchanges project HBAR reaching $0.2608 in 2025 and $0.3328 by 2030, though these figures represent analyst predictions rather than current market data [3].

Similar whale behavior has been observed in other lower-priced cryptocurrencies such as Dogecoin (DOGE) and Ethereum (ETH), indicating a broader trend of accumulation ahead of a potential market rotation [4]. For instance, a single whale increased their ETH long position to 4,826 ETH in a short period, signaling significant institutional or high-net-worth interest [5]. These patterns suggest that market participants are preparing for a potential upturn, particularly in assets that have not yet seen major price surges.

Bullish technical indicators, including rising momentum oscillators and increasing buying pressure, further support the case for a potential breakout. Analysts suggest that a successful move above key resistance levels could trigger a cascade of buying interest, reinforcing the upward trend [2]. However, the market remains volatile, and external factors such as macroeconomic shifts or changes in sentiment could disrupt these patterns.

While whale activity and technical analysis provide useful insights, they should not be considered definitive predictions of future performance. Investors are advised to conduct their own research and consult with licensed financial advisors before making investment decisions. The current environment for HBAR appears to be building a base for the next upward move, but careful monitoring of both on-chain activity and price action will be essential in confirming the strength of the trend [1].

Source:

[1] https://investorshub.advfn.com/Hedera-Hashgraph-HBARUSD-37173

[2] https://www.mitrade.com/insights/news/live-news/article-3-1064096-20250824

[3] https://www.bitget.com/price/hedera/price-prediction

[4] https://coincentral.com/bitcoin-bull-run-creates-opportunity-4-lower-priced-cryptos-to-load-up-on-before-market-rotation-kicks-off/

[5] https://m.economictimes.com/crypto-news-today-live-22-aug-2025/liveblog/123439323.cms