Hedera’s native HBAR token is back in the center of attention among large crypto currency investors, popularly referred to as crypto whales. Digging into Hedera’s on-chain statistics, it’s clear that a massive growth trend started at the end of 2024, carrying on at a larger pace now.
HBAR Whales Display Stronger Belief Than Ever
The percentage change in the whale account trends metric displays skyrocketing growth in whale accounts holding at least 10 million HBAR crypto tokens. Crypto shark accounts with 1K and above showcased gradual growth, slightly topping millionaire wallets.
Simply put, the higher the percentage of this whale metric, the more rapidly crypto whales are increasing their HBAR stakes. This solidarity among large investors has recently helped HBAR climb the crypto charts by global market cap, now edging Avalanche (AVAX) by over $1 billion.
HBAR Price Breaks Middle Band, Is $0.50 Next?
Aside from the bullish metrics in the whale percentages and the positive Chaikin Money Flow (CMF), some whales inside the TOP 150 rich list were seen flipping millions of dollars in both HBAR & USDC, as the stablecoin’s popularity on Hedera Hashgraph has soared to peak levels.
Meanwhile, this week provides HBAR with sideways treatment, as the altcoin broke through $0.25 in a 44% 7-day rally, but couldn’t manage to stay above the resistance level for long. Pushed back to $0.23, Hedera’s native crypto still trades above the mid-tier Bollinger Band (BOLL), pictured in blue color in the graphic below.
To whip up the $0.50 price tag, Hedera’s HBAR crypto would nearly need to reclaim the all-time high, set at $0.56 almost four years ago. Back then, HBAR’s market capitalization was slimmer by $3 billion, so the ecosystem’s growth doesn’t always reflect on the price. With a compliant environment for stablecoin issuers, HBAR Network is expected to attract billions in liquidity.
Currently, the Distributed Ledger Technology (DLT) based chain’s total value locked (TVL) revolves around $255 million, according to latest DefiLlama data. Also, the registry tells us that $160 million of this locked in liquidity is linked to stablecoins, strictly dominated by USDC.
On The Flipside
- According to Hedera Watch, the largest HBAR whale has deposited 300 million HBAR crypto tokens to an undisclosed crypto exchange.
- Naturally, this usually implies a selling intention, while the $74.18 million worth stash sell-off would likely cause short-term market inflation.
Why This Matters
Large investor belief, whether coming from institutional players or independent investors, often materializes into price appreciation.
Dig into DailyCoin’s top crypto scoops:
El Salvador Smashes Bitcoin Record As Portfolio Nears $1B
Altseason on the Brink: Will Macro Kill Momentum?
People Also Ask:
Large investors (whales) are heavily buying HBAR, driving up its price and market cap, as seen with $18M+ in exchange outflows recently.
Hedera’s market cap surpassed AVAX’s, reaching $0.25 per HBAR and ranking 16th among digital assets, fueled by whale accumulation and tech upgrades.
Hedera’s hashgraph tech, Nvidia partnership, and Australian CBDC trials signal strong enterprise adoption, boosting bullish market sentiment.
Technicals like a broadening wedge, $100M+ in token outflows, and hype from AI and institutional use cases push HBAR toward $0.21–$0.29 resistance.
AVAX, at $23.19, shows recovery signs with a 50-day SMA at $21.01, but Hedera’s momentum and utility may keep it ahead short-term.
