The cryptocurrency market has seen renewed activity in the third week of January 2025, as global market capitalization increased by 2%. This uptick in market momentum has significant interest from large investors, commonly known as crypto whales, who have been accumulating select altcoins. Among the altcoins drawing the most attention are Ripple (XRP), Litecoin (LTC), and Toncoin (TON). These assets have experienced notable whale activity, suggesting that major players are positioning themselves for potential growth in the next weeks.
Ripple’s XRP has seen an impressive surge in whale activity this week. According to data from Santiment, large investors holding between 1 million and 10 million XRP tokens have acquired a staggering 180 million XRP, worth over $590 million at current market prices, in just the past seven days.
This growing interest in XRP can be attributed to several factors. First, there has been positive sentiment surrounding Ripple as reports emerged about a potential “America-first strategic reserve” for cryptocurrencies, which may include XRP. This reserve, reportedly supported by President-elect Donald Trump, has fueled optimism among XRP holders, leading to increased accumulation by large investors.
Additionally, despite ongoing legal battles with the U.S. Securities and Exchange Commission (SEC), which recently appealed a previous ruling in the case against Ripple Labs, whale investors remain undeterred. The persistent buying pressure has allowed XRP to climb to an all-time high earlier this week, further intensifying market enthusiasm.
Litecoin (LTC) is another cryptocurrency that has caught the attention of whales in January 2025. Over the past week, large investors holding more than 10,000 LTC tokens have accumulated 300,000 LTC, valued at more than $41 million. This surge in whale activity is closely tied to growing optimism around the approval of a Litecoin Exchange-Traded Fund (ETF) in the United States.
The catalyst for this bullish sentiment is the recent amendment to the S-1 registration form filed by Canary Capital with the SEC. The filing, which took place on January 15, signals that the approval of a Litecoin ETF could be on the horizon, fueling speculation that the approval of such a fund could drive LTC’s price to new heights.
If the momentum continues, analysts predict that LTC’s price could soar to $147, a level not seen since the last altcoin rally in late 2024. With crypto whales continuing to accumulate Litecoin in anticipation of ETF approval, Litecoin’s future looks promising, especially if institutional investment pours in following any regulatory green lights.
Toncoin (TON), the cryptocurrency associated with Telegram’s TON blockchain, has also seen a major increase in whale activity this week. The netflow of large holders (addresses that hold more than 0.1% of an asset’s circulating supply) surged by an astonishing 1048% over the last seven days, as reported by IntoTheBlock.
When whale addresses accumulate more than they sell during a specific period, it signals strong interest and can serve as an indicator for potential price appreciation. In the case of Toncoin, this dramatic increase in whale netflow suggests that large investors are positioning themselves for further gains, which could propel the asset’s price toward the $6 mark.
As Toncoin continues to see growth in whale support, it is becoming increasingly clear that this asset is gaining favor among major crypto investors. The surge in whale activity is seen as a positive signal for the asset’s future performance, and if buying pressure continues, Toncoin could experience significant price growth in the next weeks.
The third week of January 2025 has proven to be a turning point for several altcoins, as crypto whales have actively accumulated XRP, LTC, and TON. The driving factors behind these investments vary, with XRP benefitting from rumors about a strategic reserve and continued legal battles, Litecoin gaining traction from ETF speculation, and Toncoin seeing significant whale interest tied to its growing use case in the Telegram ecosystem.
For investors, the surge in whale activity could be a signal to keep an eye on these altcoins, as they could be poised for substantial growth if the current momentum continues. With whales increasing their holdings in these assets, market sentiment remains bullish, and the next weeks could bring even more excitement in the altcoin space.
As always, investors should be cautious and conduct thorough research before making any investment decisions, especially in the volatile world of cryptocurrencies.
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