Hedera HBAR Whale Holdings Jump 5% in 7 Days as Price Breakout Looms

Whale activity in Hedera's HBAR token has intensified significantly, with wallets holding 1 million HBAR or more growing from 67.28% to 71.41% in just one week. Even more strikingly, wallets containing 10 million+ HBAR surged from 86.29% to 91.62%, indicating aggressive accumulation by major holders.

Funding rates reinforce this trend—the open interest-weighted rate peaked at 0.057% on July 18 (the highest level in months) before stabilizing at 0.01% by July 21. This pattern suggests Leveraged long positions are betting heavily on continued upward momentum.

Technical analysis reveals strong support levels beneath HBAR's current price, further supporting bullish prospects. When whale accumulation reaches this pace alongside elevated funding rates, it historically precedes substantial price movements.