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Crypto Whales Are Gobbling Up These Assets Before Senate Grilling—Here’s What’s Hot

Crypto Whales Are Gobbling Up These Assets Before Senate Grilling—Here’s What’s Hot

Author:
Beincrypto
Published:
2025-07-09 12:30:00
9
1

Whale wallets are moving—and they’re not waiting for regulatory clarity. As the Senate prepares to dissect crypto’s role in finance, deep-pocketed investors are doubling down on select altcoins. Here’s the inside track.


The Big Players’ Shopping List

While retail traders panic-sell over regulatory FUD, whales are accumulating. Bitcoin and Ethereum dominate, but sleeper picks like Solana and Polkadot are seeing outsized inflows. No surprise—these assets thrive in volatility.


Why the Timing Matters

The Senate hearing could spark a sell-off… or ignite the next bull run. Whales are betting on the latter, positioning for a classic ‘buy the rumor, sell the news’ play. Because nothing moves markets like politicians stumbling through blockchain explanations.


The Bottom Line

Follow the money—just don’t expect Wall Street to admit crypto’s winning. Again.

Cronos (CRO)

CRO, the native token of the Cronos Chain, has already made headlines this week after Trump Media & Technology Group named it in a proposed ETF. 

On Tuesday, the company submitted a filing for a new exchange-traded fund (ETF) named the “Truth Social Crypto Blue Chip ETF. ” The fund will hold a diversified portfolio of five cryptocurrencies: Bitcoin (BTC), ethereum (ETH), Solana (SOL), XRP, and CRO.

This has triggered renewed investor interest in the coin. The combination of ETF-related momentum and anticipation of more regulatory clarity has led to a noticeable uptick in whale confidence.

According to data from Santiment, large CRO holders—wallets holding between 10 million and 100 million tokens—have accumulated an additional 20 million CRO over the past two days, bringing their total holdings to 1.03 billion coins.

CRO Supply Distribution.

CRO Supply Distribution. Source: Santiment

If this trend of whale accumulation continues, it could provide the bullish momentum needed to push CRO’s price toward the $0.104 mark in the NEAR term.

However, if profit-taking commences, CRO’s price could fall to $0.085

Shiba Inu (SHIB)

Leading meme coin SHIB is among the assets that crypto whales are buying ahead of today’s Senate hearing.  

Per IntoTheBlock, SHIB’s Historical Concentration shows a 3% increase in holdings by addresses with more than 1% of the coin’s total circulating supply. This means that the largest holders are tightening their grip on the meme coin, a sign of growing confidence among major investors.

As of press time, this whale cohort collectively holds 62% of SHIB’s total supply, amounting to 603.30 trillion tokens.


SHIB Historical Concentration

SHIB Historical Concentration. Source: IntoTheBlock

Typically, buying activity from large holders is seen as a vote of confidence. It prompts smaller investors to follow suit in fear of missing out (FOMO). As SHIB whales tighten their grip on the supply, the resulting scarcity can create upward price pressure, pushing its price toward $0.000013.

However, if bullish momentum wanes, SHIB could lose some recent gains to trade at $0.000011. 

Bonk (BONK)

The recent spike in activity on Bonk’s decentralized meme coin launchpad LetsBonk has sparked renewed demand for the token among both retail and whale investors. As excitement builds ahead of today’s US Senate hearing on digital assets, whale accumulation of BONK remains firmly underway.

According to data from Moby Screener, 11 whales have executed 70 large trades within the past 24 hours. Of these, 39 are buy transactions, totaling 3.17 billion BONK tokens, compared to 31 sells totaling just 172.14 million tokens. 


BONK Whale Trades

BONK Whale Trades. Source: Moby Screener

This has resulted in a net positive FLOW of 3 billion BONK over the past day. The accumulation trend confirms that whales are positioning ahead of a potential policy shift, signaling increased confidence in BONK’s near-term outlook.

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