CryptoQuant: BTC, ETH and XRP giant whales are growing or presumptuous for bear markets to reach an advanced stage
On 6 August, CryptoQuant indicated that, at a time when the price of encrypted assets continued to be under pressure, large currency holders were increasing bitcoin, ETA and XRP warehouses, indicating that they might be preparing for the next market cycle. In the Agency ' s view, this behaviour indicates that the bear city may be in its final stage. However, CriptoQuant also stressed that the bottom of the market had not yet been identified and that prices could fall further. According to Julio Moreno, director of CriptoQuant Research, the largest group of currency holders in the BTC, ETH and XRP are increasing their supply holdings when prices are close to or below the price reached. This change in position helps to reduce downward pressure and is consistent with the end of the cycle. The data show that after the exclusion of the exchange and mine ponds, the balance of Bitcoin giant whales has risen from a low point of about 2.87 million BTCs in December 2025 to about 3.06 million BTCs. This data also does not include ETF or the holding of a digital asset bank. According to CryptoQant, the Bitcoin whale holder has been growing at 30 days for most of 2026 and has been further strengthened in June when the Bitcoin fell by $60,000. However, the current whale balance is still below the level of about 3.23 million BTCs in 2025, indicating that there is still room for further accumulation。
