| Mobile Web

Bitcoin, Ethereum and XRP whale accumulation grows, CryptoQuant calls it late bear market signal

Large investors are continuing to accumulate bitcoin, ethereum and XRP, suggesting the cryptocurrency market is entering the late stage of a bear market, an analysis showed. On-chain analytics firm CryptoQuant said whale buying has increased across the three assets, resembling patterns seen near the end of past downturns. It said supply tends to tighten when long-term holders absorb selling. CryptoQuant added that a final bottom is not confirmed and another decline is still possible.