After the market-wide uptick in July, August has been a bit of a rollercoaster, with many digital assets either stuck in tight ranges or taking a nosedive. 📉 But hey, who needs stability when you can have uncertainty, right?
This sudden change in momentum has left retail investors scratching their heads, but guess what? On-chain data shows that crypto whales are still making moves, positioning themselves for some sweet gains in September. 🏆
Arbitrum (ARB)
Layer-2 (L2) token ARB is one of the shiny new toys that crypto whales are eyeing for September. On-chain data reveals that since August 24, large holders with wallets containing between 100,000 and 1 million ARB have scooped up a whopping 2.1 million tokens. Can you believe it?!
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. It’s like getting a daily dose of financial caffeine. ☕️
The uptick in whale accumulation comes amid the token’s sideways movement since mid-August. Daily chart readings indicate that the token has faced strong resistance at $0.58 while finding support around $0.47. So, it’s basically been dancing in place for a few weeks now. 💃
If whale accumulation continues to grow, it could provide the buying pressure needed for the token to break above the $0.58 resistance, potentially pushing prices up to $0.62. Or, you know, they might just decide to take a nap instead. 😴
Conversely, a slowdown in whale activity could weaken support at $0.47, triggering a downtrend to $0.45. Because why not add a little more drama to the mix? 🎭
Uniswap (UNI)
DeFi token UNI is another asset that large investors are holding for potential gains in September. Who doesn’t love a good DeFi token, am I right?
According to Nansen, the top 100 addresses holding the largest amounts of UNI on-chain have increased their holdings by 4% over the past week. That’s like adding a sprinkle of glitter to an already sparkly investment. ✨
Continued accumulation by these top holders could encourage retail investors to follow suit, potentially driving a UNI price rally toward $10.25. Or, you know, everyone could just get bored and go home. 🏡
Conversely, the token could face a pullback to $8.67 if bearish pressure intensifies. Because, let’s face it, the market loves a good tug-of-war. 🤹♂️
PEPE
Frog-themed meme coin PEPE is drawing attention from crypto whales ahead of September. According to Santiment, holders of large wallets containing between 1 million and 10 million PEPE have accumulated 2.18 billion tokens. That’s a lot of frogs! 🐸
This high accumulation indicates growing interest from influential investors, suggesting that whales may be positioning for a potential price surge. If this buying trend continues, PEPE could climb to $0.00001070. Or, you know, it could just float away like a balloon.🎈
On the other hand, if demand weakens and selling pressure rises, the token could fall to $0.00000830. Because, let’s be honest, even frogs need a break sometimes. 🛀
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2025-08-27 22:37