Hedera HBAR Poised for 27% Surge as Mega Whales Accelerate Accumulation
HBAR's price has rebounded above $0.23 after a minor correction, with fresh whale demand indicating potential for further gains. Mega whales—wallets holding over $10 million in HBAR—have increased their share of supply from 81.72% to 87.56% between July 9 and July 15, marking the fastest accumulation rate this month.
The Chaikin Money FLOW (CMF) indicator, which had reached slightly overbought levels during HBAR's rally, has now cooled off. This reset suggests room for another bullish push, particularly as large holders show strong conviction. The price corrected 9% intraday but quickly recovered, maintaining momentum above $0.23.
Historical patterns show that neutral CMF levels after a cooldown often precede breakouts, especially when paired with whale accumulation. With supply concentration tightening among deep-pocketed investors, HBAR remains positioned for a potential 27% upward move.