On-Chain Data Signals Final Bear Phase as Whales Accumulate BTC, ETH, and XRP
On-chain data reveals mega-whales are aggressively scooping up Bitcoin, Ether, and XRP despite stagnant spot prices. Key valuation metrics show major assets floating near or beneath their realized prices, a classic setup for late-stage bear market cycles. While analysts warn of potential final flushes, structural supply is shifting firmly into strong hands.
Smart money is quietly building deep positions while macro headwinds keep spot prices pinned down. Bitcoin sitting near sixty-four thousand dollars has obscured a silent massive balance surge among non-exchange whale wallets, which now hold over three million coins.
Ether megawhales holding over one hundred thousand coins expanded their stashes by nearly seventy percent, taking full advantage of spot market prices trading well below the asset's realized cost floor. Meanwhile, XRP order flow shows heavy absorption near range support, with Binance exchange inflows dropping to record lows as selling pressure dries up.
Analytics providers Glassnode and CryptoQuant indicate the market is assembling a bottom through extended boredom rather than sudden panic. While minor downside flushes remain possible before a sustained breakout takes hold, historical supply-in-profit metrics strongly suggest the current cycle is entering its final accumulation phase.