Bitcoin’s breakthrough past the $95,000 milestone has sparked renewed optimism across cryptocurrency markets. While retail investors celebrate this achievement, behind the scenes, crypto whales have been strategically accumulating specific altcoins during the first week of May 2025.

Blockchain analytics reveal three cryptocurrencies experiencing significant whale accumulation: Avalanche (AVAX), Ethereum (ETH), and the popular meme token Pepe (PEPE). Let’s examine why these digital assets are attracting substantial capital from major investors.

Avalanche (AVAX) Sees Massive 380% Surge in Whale Activity

Layer-1 blockchain Avalanche has captured significant attention from crypto whales this week. According to data from IntoTheBlock, large holder netflow for AVAX has increased by an impressive 380% over the past seven days.

In cryptocurrency analytics, a “large holder” refers to any wallet address controlling more than 0.1% of an asset’s circulating supply. The netflow metric tracks buying and selling patterns among these influential investors.

When this indicator rises, it signals that whales are actively accumulating tokens, often preceding broader market movement. This positive signal frequently motivates smaller investors to follow suit by increasing their own positions.

If AVAX maintains this strong accumulation trend, its price could potentially break through the resistance at $24.28 and rally toward $30.23. However, should demand decrease, AVAX might retreat to support levels around $14.66.

Ethereum Whales Add $510M Worth of ETH in Seven Days

During the broader market rally, Ethereum has posted a modest 3% price increase over the past week, supported by steady accumulation from whale investors.

Santiment data shows that whale addresses holding between 10,000 and 100,000 ETH have acquired approximately 280,000 ETH in the past seven days, valued at over $510 million at current market rates.

As of publication, this group of Ethereum whales now controls 25.24 million ETH, marking their highest holdings in the past month. If this whale accumulation pattern continues, Ethereum’s price could potentially push beyond the psychologically important $2,000 threshold.

Conversely, if bearish sentiment returns to the market, Ethereum could find support around $1,733.

Pepe (PEPE) Attracting Significant Whale Interest

The popular meme cryptocurrency PEPE has also witnessed considerable whale accumulation this week. According to Santiment, wallet addresses holding between 100,000 and 1 million tokens have purchased 350 million PEPE over the past seven days.

Currently trading at $0.0000086, PEPE could potentially reverse its downward trend and break through resistance at $0.0000010 if whale accumulation persists.

However, if selling pressure increases, PEPE’s price might drop to support levels around $0.0000052.

What This Means for Investors

When crypto whales begin accumulating specific assets, it often signals strong conviction in those projects’ future potential. While not a guarantee of price appreciation, these substantial investments from experienced market participants warrant attention from retail investors.

As always, conducting thorough research and maintaining proper risk management remains essential before making any investment decisions in the volatile cryptocurrency market.