Kaspa’s Whale Accumulation Sparks Growth Potential: A Look at the Price Implications

Recent data reveals a significant shift in Kaspa’s market activity, with large whales taking control of the asset’s price action. This comes as the network has seen a surge in on-chain accumulation, primarily driven by institutional investors buying dips and pushing KAS prices higher. 154 million KAS were recently transferred to one major wallet, exceeding the previous record and bringing its holdings past the 1.1 billion mark, positioning it as the single largest holder of Kaspa.