The crypto market is bouncing back, with Bitcoin trading above the $110K mark. But the real deal is what whales are betting on for the second half of 2025. History shows that when whales load up during weak markets, a price bounce often follows once sentiment turns around, and this time, they’ve revealed the coins they’re backing for the next big move. whales are stacking:
The crypto market is bouncing back, with Bitcoin trading above the $110K mark. But the real deal is what whales are betting on for the second half of 2025. History shows that when whales load up during weak markets, a price bounce often follows once sentiment turns around, and this time, they’ve revealed the coins they’re backing for the next big move. whales are stacking:
Bitcoin remains a favorite for these big players. New on-chain data from Glassnode shows that wallets holding over 1,000 Bitcoin rose by more than 3% this week, the biggest accumulation spike since early 2024. It’s a strong signal that large investors still believe Bitcoin is undervalued.
Even though Bitcoin ETFs have attracted massive funds, some long-time holders who bought at lower prices are selling around current levels. This has created a period of price churn where the market is stuck between old sellers and new buyers. At the time of writing, Bitcoin is trading above $110k and is up by more than 2%.
Ethereum is also seeing heavy whale interest. In the past month alone, big wallets bought over 1.49 million ETH, the largest accumulation phase for Ethereum so far in 2025.
On July 1st, institutional buyers picked up nearly 2,000 ETH worth about $4.8 million in a single deal. When ETH’s price hovered around $2,400, whales treated that dip as a bargain. Ethereum is up by 6% at press time and is trading at $2,600.
The third coin attracting whale attention is Pengu, a lesser-known meme coin. With its playful branding, its active holder growth is outpacing even viral tokens like Pepe. According to Nansen, wallets holding over 10 million PENGU added more than 11% to their holdings in just a week
Rising trading volumes, growing online interest, and community support suggest that big investors are building positions. Pengu is also up by 8% and is trading at $0.016.
