The crypto bull market isn’t over, and whales are buying the dip. Their buys include many of the usual suspects, with a few surprising additions. Monitoring whale purchases is one of the most effective strategies for sidelined investors to identify the best crypto to buy. What Are The Whales Buying? Whales are convinced that the bull run isn’t over. GMI’s Head of Macro Research Julian Bittel reveals that financial conditions are easing and that global liquidity is surging, both indicators signalling that the crypto prices will be much higher in the second financial quarter. Unsurprisingly, savvy investors are buying Bitcoin. Despite the broader market uncertainty, long-term holders have added 85,000 BTC to their wallets over the past month, which pans out to over $7 billion at the current Bitcoin price. Similarly, Ethereum is in high demand. Over 1.10 million ETH coins have been scooped up by the whales in the past 48 hours alone, which pans out to over $2.4 billion at the current Ethereum price. What do the whales know about ETH? Whales bought 1.10 million #Ethereum $ETH in the last 48 hours! Do they know something we don't? pic.twitter.com/ucSTelerNC — Ali (@ali_charts) March 6, 2025 Whales are also eyeing the meme coin market leader as an attractive investment. Ali Martinez highlights that the deep-pocketed investors have purchased over 150 million Dogecoin, potentially gearing up for a major bullish reversal. Similarly, XRP is also in high demand, with over 90 million coins scooped up in the past 24 hours. With the majors—Bitcoin, Ethereum, XRP and Dogecoin—in such a high demand, whales are likely preparing for the next leg of the crypto bull market. Considering that the easing of financial conditions has already started, the rally could start as early as April. New Meme Coins Also On Their Lists of Best Crypto To Buy Smart money investors are still on the lookout for the next 100x crypto, with new meme coins presenting the best opportunity. For instance, a whale purchased nearly $200k worth of Solaxy (SOLX) earlier this week. Six-figure investments are common for SOLX, which has already raised over $25 million in its ICO. Solaxy is the first prominent Solana layer-2 chain, featuring ZK rollup, data availability tools like Celestia, a multi-chain bridge and a deterministic sequencer. Its architecture is designed to bundle and process SOL transactions off-chain and publish the state change on the mainnet. While Solana has higher network throughput than Ethereum, it struggles with extreme congestion during periods of heavy traffic. For instance, a high percentage of non-voting SOL transactions fail during a meme coin rally. However, Solaxy’s layer-2 architecture tackles the issue head-on and promises an exponential increase in scalability, low latency transactions, and zero Solana downtime. Considering that prominent Ethereum layer-2 coins have multi-billion dollar valuations, it is no surprise that analysts believe SOLX is undervalued during its presale. Many are even calling it the next 10x meme coin. It is not without reason that Solaxy is seeing six-figure whale investments on a regular basis. Visit Solaxy Presale Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
