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XRP News Today: "Large Investors Accumulate Altcoins While Crypto Market Anticipates Major Move"

XRP News Today: "Large Investors Accumulate Altcoins While Crypto Market Anticipates Major Move"

Bitget-RWA2025/11/29 19:58
By:Bitget-RWA

- Crypto whales accumulate ENA , XRP , and ADA ahead of December, with Ethena Labs withdrawing $88.67M in ENA tokens to reduce supply and boost price stability. - ENA surges 13% as whale holdings hit 305M tokens, while XRP and ADA see $2.13B and $1.5B accumulations, respectively, signaling institutional interest. - Technical analyses highlight key resistance levels ($0.30–$0.32 for ENA, $2.20 for XRP) and risks of retracement if bullish patterns fail to hold. - Market eyes Federal Reserve rate decisions an

Crypto Whales Drive Strategic Moves Ahead of December 2025

As 2025 drew to a close, the cryptocurrency market was marked by a blend of caution and renewed hope. Major investors, often referred to as "whales," began accumulating select altcoins in anticipation of possible gains in December. While Bitcoin (BTC) maintained its position above $87,500, overall market growth remained subdued, with the total market capitalization inching up just 0.23% to reach $3.02 trillion.

Ethena (ENA) Sees Significant Accumulation

One of the standout developments was the assertive accumulation of Ethena (ENA) by its creator, Ethena Labs. The team withdrew more than 150 million ENA tokens—valued at $88.67 million—from centralized exchanges such as Coinbase Prime and Bybit. On-chain data analysts interpret this as a sign of strong, long-term faith in the project, as well as a move that reduces the available supply, potentially supporting price stability.

Following this activity, ENA’s price jumped over 13% within a day, reaching $0.2962. Wallets associated with Ethena Labs now control 305.15 million ENA tokens, reflecting a deliberate accumulation strategy. Technical experts point to a key resistance area between $0.30 and $0.32; a decisive move above this range could propel prices toward $0.36. Conversely, if ENA fails to hold above $0.27, a pullback to $0.24 may occur.

Ethena Labs Token Accumulation

The bullish outlook for ENA is further supported by a fivefold surge in trading volume, indicating that institutional investors may be returning to the token.

Whale Interest in XRP and Cardano (ADA)

Beyond ENA, large holders are also focusing on XRP and Cardano (ADA) as December approaches. In late November, XRP wallets with balances exceeding 1 billion tokens added 150 million XRP (worth $330 million), while those holding between 10 and 100 million tokens accumulated 970 million XRP (valued at $2.13 billion). This wave of buying coincided with a 16% weekly increase in XRP’s price and a technical formation near $2.20. If the double-bottom pattern holds, XRP could climb toward $2.45, but a drop below $2.11 would undermine this bullish scenario and expose support at $1.81.

Cardano also attracted significant whale activity as investors shifted toward larger market cap assets. Wallets holding over 1 billion ADA acquired an additional 130 million tokens, while those in the 10–100 million ADA range picked up 150 million more. ADA recently rebounded by 5% to $0.41, and a bullish divergence in the RSI hints at a potential trend reversal. A close above $0.43 could open the door to $0.52, but falling below $0.38 would weaken the bullish case.

Whale Strategies and Market Outlook

The recent accumulation patterns by whales highlight their preference for assets with robust on-chain metrics and positive technical signals. Ethena Labs’ recent purchases echo previous instances where protocol-driven buying preceded significant price rallies, with some analysts eyeing a $0.50 target for ENA if liquidity conditions improve.

Meanwhile, XRP’s growing institutional use through Ripple’s cross-border payment solutions and Cardano’s expanding presence in decentralized finance (DeFi) make both tokens strong contenders for year-end momentum.

Looking Ahead to December

As the final month of the year approaches, market watchers are eager to see if these whale-led trends will result in sustained upward moves. A supportive macroeconomic backdrop, such as potential interest rate cuts by the Federal Reserve, could further boost gains. However, liquidity challenges and overall market sentiment will continue to play a crucial role in shaping outcomes.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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