CryptoQuant reports that large holders (“whales”) are increasing their holdings of bitcoin, ether, and XRP while prices remain under pressure. According to the analysis cited by multiple outlets, whale balances for these cryptocurrencies rise during periods of market weakness, a pattern CryptoQuant interprets as large investors absorbing newly available supply. The report frames this behavior as a sign that the market could be approaching a late-stage phase of the bear market, with a potential bottom forming after sustained weakness. The outlets summarize the same core observation: whale accumulation occurs even as broader prices do not immediately rebound, suggesting that holders with significant balances are adding to positions rather than reducing them. While the interpretation points to a possible bottom, the coverage largely focuses on the underlying on-chain trend—changes in balances held by large accounts—rather than any single forecast for specific price levels or timing. The articles reflect that the finding centers on whale activity across bitcoin, Ethereum, and XRP during continuing downside pressure.