bullish

Crash

Most major cryptocurrencies tanked over the past several days, led by bitcoin’s nosedive from $87,000 to under $81,000, which became its lowest price tag in well over two weeks.
Large altcoins such as XRP and ETH were not spared, with the former posting a double-digit decline over the past seven-day period. The question now is what whales were doing during this time, and what’s next for the underlying assets.
<h2 id="the-btc-case">The BTC Case</h2>
Some of the most probable reasons behind BTC’s crash <a href="https://cryptopotato.com/6-reasons-bitcoin-crashed-by-7k-in-3-days-bull-market-over-or-regular-correction/" rel="noopener noreferrer nofollow">include</a> substantial ETF outflows, FUD initiated by big transfers from the US government, macro news, and profit-taking. It’s worth exploring what whales did during this time of distress, and Ali Martinez pointed to a growing accumulation spree.
In a recent video on X, the popular analyst <a href="https://x.com/alicharts/status/2108530818272358825" rel="noopener noreferrer nofollow">said</a> these large market participants pressed the buy button hard on bitcoin, adding over $1.2 billion worth of the asset to their holdings in 72 hours.
In another bullish post, he explained that the TD Sequential has finally flashed a buy signal for the cryptocurrency on the four-hour chart. This came after the asset crumbled by 7% in a few days and hints at a potential rebound.
<blockquote class="twitter-tweet">
 2/5 The TD Sequential is flashing a buy signal on Bitcoin’s four-hour chart.
 It comes after $BTC fell 5.55%, from $86,976 on October 5 to $82,150 today.
 The signal suggests this pullback may be nearing an end, with a rebound now worth watching. https://t.co/o9ZS4Q1anl
 — Ali Charts (@alicharts) <a href="https://x.com/alicharts/status/2108106512749179185?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 8, 2026</a>
</blockquote>
<h2 id="here-s-eth-s-situation">Here’s ETH’s Situation</h2>
The leading altcoin crashed hard as well, tumbling from over $2,700 to $2,400 before it found some support. Although it rebounded to $2,500 on Friday, where it was stopped, it still remains well in the red on a weekly scale.
According to Martinez, Ethereum whales didn’t just stand on the sidelines. They increased their holdings by 0.64%: in other words, they purchased around 166,000 tokens as the asset’s price corrected.
ETH’s 8% decline also led to a change in the TD Sequential indicator. Similar to BTC, the four-hour chart flashed a buy signal once the asset slipped below $2,550, where it currently sits. Martinez <a href="https://x.com/alicharts/status/2108106518508023995" rel="noopener noreferrer nofollow">noted</a> that the recovery can take ETH to somewhere between $2,620 and $2,650.
<h2 id="what-about-xrp">What About XRP?</h2>
Ripple’s native token remains down by double digits on a weekly scale, even though it rebounded from the local low at $1.34. On the plus side, the rejection at $1.51 and the subsequent retracement allowed whales to resume their accumulation spree.
Martinez said these big market players bought over 45 million tokens, worth around $63 million, during the nosedive. And, not to be outdone by BTC and ETH, XRP’s four-hour chart also saw a new buy signal, according to the TD Sequential.
<blockquote>
 “An earlier sell signal aligned closely with XRP’s local high. Now, the question is whether this buy signal marks a local low,” <a href="https://x.com/alicharts/status/2108106524371652638" rel="noopener noreferrer nofollow">added</a> Martinez.
</blockquote>
The post <a href="https://cryptopotato.com/btc-eth-xrp-crash-sparks-whale-accumulation-as-buy-signals-appear/" rel="noopener noreferrer nofollow">BTC, ETH, XRP Crash Sparks Whale Accumulation as Buy Signals Appear</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

BTC, ETH, XRP Crash Sparks Whale Accumulation as Buy Signals Appear

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