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10 months ago

Crypto Whales Bought These Altcoins in the Third Week of February 2025

The global cryptocurrency market capitalization increased by 2% over the past week. During this time, large cryptocurrency holders, known as whales, have been buying certain altcoins. Whale addresses holding between 100,000 and 1,000,000 Maker (MKR) tokens accumulated 65,000 more MKR tokens worth over $92 million in the last seven days. They now hold 214,000 MKR, the most since April 2023. The price of MKR has risen by 41% over the past week to $1,436. Large holders of Lido (LDO), defined as those controlling over 0.1% of the circulating supply, have also increased their holdings. There was a 184% rise in their netflow (the difference between coins bought and sold) during the week. LDO currently trades at $1.83. Finally, whale addresses holding between 1 million and 10 million ApeCoin (APE) tokens acquired 2.93 million more APE. This group now holds 662.16 million out of the 752.65 million circulating supply. APE's price increased by 9% in the last 24 hours to $0.740.

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