Yahya 
The market for cryptocurrencies saw a little increase in trading activity this week as global market capitalization rises by 3% over the seven-day period. This raise in expectation has driven whales to accumulate assets such Telegram-linked Toncoin (TON), Ethereum (ETH), and AI-powered Artificial Superintelligence Alliance (FET).
Toncoin (TON) has drawn a lot of attention from crypto giants as its price keeps increasing. One week ago, the event seems to have fueled the momentum of the cryptocurrencies based on Telegram CEO Pavel Durov’s address on his incarceration in France. TON trades for $5.55 right now, which reflects a sixteen percent price increase over the past seven days. Data from Santiment shows that 1,219, a 30-day high in whale addresses falls between 1,000 to 100,000 TON.
On Ethereum ( ETH), whale activity has also picked up pace; netflow from large holders climbed by 109% this week. Whales are optimistic about ETH even if they object at the $2,386 pricing threshold. Should Ethereum be able to overcome this barrier, analysts think it will continue to rise toward $2,783. Whale accumulation points to their expectation of a price explosion when the attitude of the market moves from negative to positive.
AI-based asset Artificial Superintelligence Alliance (FET) exhibits an amazing 25% rise this week. Reports OpenAI is looking to raise $6.5 billion in equity funding have added to the market excitement in the coin. Santiment reports that 11% more whale addresses between 10,000 and 1,000,000 FET have registered, therefore reaching an all-time high of 763 addresses.
Whales betting on the continuous growth of these valuable assets reflect growing confidence among large crypto owners.
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