What Crypto Whales Are Buying Amid Geopolitical Tensions

Amid escalating geopolitical tensions in the Middle East, the cryptocurrency market has experienced significant volatility this week.

However, large-scale holders—often referred to as crypto whales—remain actively engaged, carefully accumulating tokens with strong potential for price appreciation. Top selections include Ethereum, Bitcoin Cash, and Litecoin.

Ethereum (ETH)

Despite minimal price fluctuations this week, the top altcoin ETH is one of the assets crypto whales have been purchasing as the market navigates through intense volatility. This is evidenced by the net flow of large holders, increasing over 7,000% in the past seven days, according to IntoTheBlock.

The net flow of large holders measures the difference between the number of tokens whales buy and sell in a specific time period. When it increases like this, it indicates strong accumulation by whales, suggesting growing confidence or price appreciation prospects for the asset.

If this continues, the altcoin may begin a new price appreciation phase, surpassing the $2,500 price range.

Bitcoin Cash (BCH)

BCH is another asset that crypto whales are buying amid geopolitical instability in the Middle East.

Data from Santiment shows an increase in coin holdings by wallet addresses holding between 1,000 and 10,000 BCH tokens. Over the past week, this group has purchased 40,000 tokens valued at over $19 million at current market prices.

The altcoin is currently trading at $485.76, increasing 5% over the past day amid increasingly optimistic sentiment in the cryptocurrency market.

Dogecoin (DOGE)

The top meme coin DOGE has also attracted increased attention from crypto whales this week. On-chain data from Santiment reveals growing accumulation by large holders with 100 million to 1 billion DOGE.

Over the past week, this group has purchased a total of 140 million DOGE, with the total value of these purchases exceeding $24 million.

This increase in whale accumulation is an optimistic signal for DOGE's short-term prospects. If momentum continues, this accumulation wave could create a foundation for a short-term recovery or even a breakout from current price levels.