Crypto whales are increasing their Bitcoin, Ethereum, and XRP balances during market weakness, according to CryptoQuant.
This accumulation of crypto assets by large holders is happening as the bear market nears its late stage, with CryptoQuant suggesting that these whales are absorbing supply ahead of a possible bottom.
CryptoQuant's analysis indicates that large holders are taking advantage of the current market conditions to increase their holdings of major cryptocurrencies.