Ethereum (ETH) is showing strong bullish momentum as large investors, known as “whales,” are accumulating significant amounts of ETH while the number of sellers and exchange deposits continues to decline. Notably, whales have been opening large long positions and moving substantial amounts of ETH from exchanges into private wallets, signaling confidence in Ethereum’s future price growth.

Bitcoin is approaching a significant resistance level near $127,000, driven by strong bullish momentum and notable on-chain signals. The cryptocurrency recently traded around $122,400, nearing the upper boundary of the MVRV Pricing Bands, a metric often associated with market tops.

Popcat (POPCAT), a memecoin, recently experienced a significant surge, jumping 12.89% from a low of $0.34 to a monthly high of $0.41 before settling at $0.39. This rally was accompanied by a 76.23% increase in trading volume, reaching $100 million, signaling heightened on-chain activity.

Bitcoin has managed to stay above the $100,000 mark, trading at around $108,000, even as trading volumes on both spot and futures markets have dropped to their lowest levels in over a year. This decline in volume, which fell by more than $36 billion, suggests that retail investors—individual traders who typically drive much of the market activity—are becoming less active.

Toncoin (TON) has recently shown strong on-chain growth, with a 34% increase in transaction activity, a nearly 30% rise in new addresses, and a notable uptick in zero-balance wallets joining the network.

Bitcoin is once again approaching the highly anticipated $100,000 mark, currently trading around $98,215.61.