Last week, the stagnant movement in the cryptocurrency market drew attention to the activity of whales. Cardano 
$0.232192 (ADA) and Dogecoin 
$0.084172 (DOGE) saw significant demand from major investors during this period. Social media posts by analyst Ali Martinez revealed that a total of 150 million dollars worth of ADA and DOGE purchases occurred within just two days.
Whales Intensify Accumulation of ADA and DOGE
In his posts on the X platform, Ali Martinez announced that Cardano whales purchased ADA worth 85.6 million dollars within just 48 hours. He noted, “Cardano whales accumulated over 80 million ADA in 48 hours!” At the time of writing, ADA was priced at 1.07 dollars.
A similar trend was observed with Dogecoin. According to Martinez, large investors acquired a total of 64 million dollars worth of 160 million DOGE within 24 hours. He stated, “Whales bought 160 million Dogecoin in 24 hours!” and indicated that this purchase stabilized Dogecoin’s market price at 0.40 dollars.
Together, these high-volume purchases of ADA and DOGE over two days attracted significant market attention. Analysts believe these acquisitions could contribute to market stability.
Strong Support Established Above 94,000 Dollars for Bitcoin
Martinez also shared his analyses regarding Bitcoin 
$82,774’s support levels. According to the In/Out of the Money Around Price (IOMAP) metric, Bitcoin has established a strong support wall between 94,300 and 100,250 dollars. He mentioned, “Within this price range, 2.25 million wallets have accumulated a total of 2.18 million BTC,” while Bitcoin was trading at 101,946 dollars.
Analysts pointed out that the intense interest of whales in assets like ADA, DOGE, and BTC indicates the formation of critical support levels in the markets in the short term. It is emphasized that these large purchases by whales could play a significant role in stabilizing market dynamics.
