BTC, ETH and XRP soar as on-chain data shows ‘explosive buying’ from whales

The total crypto market cap has added $150 billion in just over a day.

The cryptocurrency markets are moving again, this time in the opposite direction compared to the most recent developments and price pressures.

Bitcoin, for example, shot up by more than $5,000 since yesterday’s low. Recall that the value fell to a multi-week low of $62,500 after the latest uncertainty caused by Trump’s US tariff regime this weekend.

However, the largest cryptocurrency exploded from that local bottom in the following hours. A few minutes ago, the price flew to $68,000 for the first time since the weekend, and CoinGecko data currently shows that the price is up more than 6% in the last 24 hours alone.

Data shared by analyst CW shows “explosive buying,” according to the BTC CVD indicator. They attributed this to the whales rising and buying the last dip, while they said retail remained on the sidelines.

The $BTC CVD indicator shows explosive purchases.

Buying whales is increasing exponentially. However, buying from private investors (the orange group) is nothing.

Moreover, the sales wall at 70k is gone. purchasing power has increased, while resistance has decreased. pic.twitter.com/huIaoqxOeW

— CW (@CW8900) February 25, 2026

Even more impressive gains are coming from some altcoins, including their leader. Ethereum has risen more than 10% daily and is now trading well above $2,000 after retesting the $1,800 support yesterday. Recent analysis from Ali Martinez shows that ETH has already bottomed out or is close to doing so.

XRP has risen 7% over the past day and is now above $1.45. This means that the cross-border token has regained the coveted support at $1.36, which many analysts called the most important level when it comes to determining whether XRP has anything left to do.

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SOL is up over 12%, making it the biggest gainer among the larger-cap alts. DOGE follows suit, jumping 10% to over $0.10. FIL, DOT, MORPHO, APT and UNI are up more than 20% daily.

The total value of the destroyed positions has risen to almost $400 million per day, with shorts accounting for the lion’s share. BTC and ETH shorts are worth almost $300 million daily. More than 100,000 traders have gone bankrupt, while the largest liquidation order (worth $11.32 million) was on Hyperliquid.