#OnChainInsights
On February 22, 2025, the cryptocurrency market continues to witness strong interest from major investors, especially regarding altcoins such as Maker (MKR), Lido (LDO), and ApeCoin (APE). Specifically, whales have significantly accumulated these tokens, indicating a potential upward price trend in the short term.
For Maker (MKR), large wallet addresses holding between 100,000 and 1,000,000 MKR have purchased an additional 65,000 tokens, equivalent to over 92 million USD, in the past week. This accumulation has pushed the price of MKR up 41%, currently trading at 1,436 USD. If this trend continues, the price of MKR could reach 1,780 USD in the near future.
Regarding Lido (LDO), net inflows from major investors have increased by 184% in the past week, indicating optimism about the governance token of this staking protocol. Interest from whales could drive the price of LDO higher in the coming days.
ApeCoin (APE) has also attracted attention as large wallets holding between 1 million and 10 million APE have purchased an additional 2.93 million tokens in the past week. Currently, APE is trading at 0.740 USD, up 9% in the past 24 hours. If demand continues to rise, the price of APE could reach 0.92 USD in the short term.
These movements from whales show confidence in the growth potential of the aforementioned altcoins, while also possibly creating a ripple effect, attracting more retail investors to participate in the market.
On February 22, 2025, the cryptocurrency market continues to witness strong interest from major investors, especially regarding altcoins such as Maker (MKR), Lido (LDO), and ApeCoin (APE). Specifically, whales have significantly accumulated these tokens, indicating a potential upward price trend in the short term.
For Maker (MKR), large wallet addresses holding between 100,000 and 1,000,000 MKR have purchased an additional 65,000 tokens, equivalent to over 92 million USD, in the past week. This accumulation has pushed the price of MKR up 41%, currently trading at 1,436 USD. If this trend continues, the price of MKR could reach 1,780 USD in the near future.
Regarding Lido (LDO), net inflows from major investors have increased by 184% in the past week, indicating optimism about the governance token of this staking protocol. Interest from whales could drive the price of LDO higher in the coming days.
ApeCoin (APE) has also attracted attention as large wallets holding between 1 million and 10 million APE have purchased an additional 2.93 million tokens in the past week. Currently, APE is trading at 0.740 USD, up 9% in the past 24 hours. If demand continues to rise, the price of APE could reach 0.92 USD in the short term.
These movements from whales show confidence in the growth potential of the aforementioned altcoins, while also possibly creating a ripple effect, attracting more retail investors to participate in the market.