This week in the digital asset market, a quiet performance was observed in the digital asset market that many toks gave back most of their July earnings. The global crypto market value decreased by about 4 percent in the last seven days. This is interpreted that the acceleration of the rise among market participants is weakened and a more cautious approach is adopted.
However, when the chain data is examined, it is observed that despite this regression in the market, high -volume investors focus on selected subcoins. Especially arbitrum (ARB), Chainlink $25.92 (LINK) and CARDANO (ADA) 
$0.912246 The purchases of large investors in crypto currencies are remarkable.
General developments in the market
In the week where the market is calm, many investors have turned their eyes into big wallet movements. According to analyzes, the behavior of major investors can often indicate general tendencies in the market in advance. One of the prominent assets this week was recorded as Arbitrum (ARB), which offers the Layer-2 solution.
According to centimeter data, the collective purchases of investors holding 1 to 10 million ARB reached 10 million ARB last week. In relation to this trend, the centimeter was evaluated by the active purchases of big investors and the participation of small investors to the market ”. If this demand continues, it is suggested that ARB can come out of the horizontal course.
Significant mobility in subcoins
Another Altcoin Chainlink (LINK), which was attracted by major investors, was. According to Nansen data, LINK assets of wallets with a value of more than $ 1 million increased by 25 percent. Regarding this development, the intense interest of big investors points to the increase in confidence in the short -term expectations of the token ”.
It is suggested that if positive tendencies for LINK continue, its value may rise to $ 269. However, if the demand is slimming and big investors turn to sale, the price may decrease to $ 23.48.
Another important mobility took place in Cardano (Ada). According to On-Chain analysis data, investors holding 1 to 10 million islands purchased 60 million new islands last week. On the other hand, the stagnant course throughout the market brought about the movement in a narrow band in the price of the island.
Price Expectations and Scenarios
Analysts point out that if the purchase of large investors on the island side continues, the price can test $ 0.89. However, if the purchases slow down, the island may decrease to $ 0.84.
“Stable purchase appetite of big investors, the island price can start upward movements in the price,” he said.
In general, despite the decrease in the market, the fact that large investors turn to accumulation in selected subcoins opens up the upward potential in prices. Analysts foresee that both over -chain data and positions of major investors will affect market trends in the coming period.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
