Crypto whales are signaling their December strategy, quietly accumulating massive positions across a mix of mid- and large-cap altcoins. This buying occurring during stabilization rather than weakness reveals where big money expects the next wave of strength. This is the urgent on-chain analysis detailing the three assets seeing the strongest accumulation and the price levels that must break to confirm a major December rally.
I. XRP (XRP): The $2.46 Billion Double-Bottom Bet
XRP is seeing the most aggressive accumulation, reinforcing a powerful structural base created by recent market volatility.
- •Massive Whale Accumulation: Two major whale cohorts have been buying aggressively: Largest Wallets: Added approximately 150 million XRP (worth ~$330 million) since November 25. 10M–100M Wallets: Added an even more staggering 970 million XRP (worth ~$2.13 billion) since November 23.
- •Structural Strength: This multi-billion dollar exposure reinforces a strong double-bottom structure formed near the $1.77 support level. Whales are adding to strength, betting that this base is the foundation for December’s rally.
- •Breakout Target: For the upside to continue, XRP must break the key resistance at $2.30. Clearing this level unlocks immediate targets at $2.45 and $2.61. A fall below $2.11 invalidates the structure.
II. Cardano (ADA): The $0.43 Reversal Setup
Cardano is seeing significant capital rotation, confirming that large investors are returning to established, high-cap projects.
- •Whale Conviction: Two key cohorts of holders (over 1 billion ADA and 10M–100M ADA) turned net positive in late November, collectively adding nearly 280 million ADA. This buying occurred during a mild 5% weekly recovery, reinforcing the conviction in a low-price reversal.
- •Hidden Momentum: ADA is forming a standard bullish divergence on the 12-hour chart (lower price low, higher RSI low). This signal points to a trend reversal forming beneath the surface, suggesting a bottom may be in place.
- •Breakout Target: For strength to build in December, ADA needs a solid close above the $0.43 resistance. Success here flips the short-term structure bullish, opening the path toward $0.52. A failure and drop below $0.38 invalidates the reversal signal.
III. Ethena (ENA): Buying into Strength
Ethena stands out because whales are accumulating after a massive rally, signaling confidence that the breakout has further room to run.
- •Aggressive Accumulation: Whale wallets increased their holdings by 2.84% this week, adding roughly 1.1 million ENA as the price was already up 21.3% in the past seven days. This unusual buying-into-strength behavior signals conviction in continued upside.
- •Technical Standoff: ENA is currently trapped in a symmetrical triangle, indicating a standoff between buyers and sellers.
- •Breakout Target: The critical level is $0.28. A clean daily close above this resistance will unlock moves toward $0.30 and $0.32. A failure to hold $0.27 risks a breakdown back toward the lower support at $0.21.
Important Disclaimer
This analysis is for informational and educational purposes only and is based on technical analysis and market data. It is not financial advice, nor should it be construed as a recommendation to buy, sell, or hold any security or cryptocurrency. The cryptocurrency market is highly speculative, volatile, and subject to external factors. Readers must conduct their own comprehensive research (DYOR) and consult with a qualified financial advisor before making any investment decisions.