In May 2025, crypto whales are notably accumulating Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN). ETH’s whale count continues to climb, reflecting confidence despite recent price declines. FET displays rising interest amid gains in AI-related tokens, while Onyxcoin’s whales suggest renewed accumulation after a price correction. Each token’s next price movements are contingent on whale activities and market trends.
As we approach May 2025, significant movements among crypto whales are evident, particularly concerning Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN). Despite recent market volatility, large holders are increasingly accumulating these tokens, hinting at a renewed interest from prominent market players.
Ethereum (ETH) has seen a rise in the number of whale addresses, with wallets holding between 1,000 and 10,000 ETH increasing from 5,432 to 5,460 since April 15. This is the highest count recorded since August 2023, reflecting heightened accumulation, which, while indicative of confidence in ETH’s value, raises issues regarding potential market centralisation and profit-taking by whales. Currently, ETH is down over 19% in the last month, with key support levels at $1,535 and lower at $1,412 and $1,385, against resistance points at $1,669, $1,749, and a potential bullish target of $1,954.
Artificial Superintelligence Alliance (FET) whales—holding between 10,000 and 1,000,000 tokens—have also grown, from 572 on April 13 to 586 on April 19, indicating rising large-holder confidence amid a rebounding AI sector. With an increase of over 8% in 24 hours and 13.5% weekly, FET’s performance aligns with a broader AI narrative, aiming for resistance at $0.659. A breakout could push prices to targets of $0.77 and $0.82, while a potential drop towards support levels of $0.54 and $0.44 remains possible if momentum stalls.
Onyxcoin (XCN) reached remarkable highs in January but has experienced a 19% setback recently despite an earlier gain of over 57% in 30 days. The accumulation is apparent as the number of whales holding between 1 million and 10 million XCN increased from 528 to 541, suggesting some investors are buying the dip. Should XCN’s correction continue, it may test important support at $0.0165, with potential further declines to $0.0139 and $0.0123. Conversely, a price rally could target resistance at $0.020, with breakout opportunities leading towards $0.027. Whale activity and volatility will be crucial for XCN’s next market movements.
