Top Cryptos to Watch This Week: On-Chain Data Points to Breakout Opportunities
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Top cryptos are once again under the spotlight as fresh on-chain insights reveal significant shifts in investor profitability across the market. Recent data highlights that 94.5% of Bitcoin (BTC) holders and 88.7% of Ethereum (ETH) holders are in profit, in stark contrast to just 46.5% of Cardano (ADA) investors. This growing disparity is intensifying speculation about which assets may be nearing a peak and which among the top cryptos could be gearing up for a breakout.
Profit Gaps Spark Fresh Focus on Top Cryptos
According to Santiment, one of the leading blockchain intelligence platforms, the widening gap in holder profitability underscores classic market dynamics. Assets like BTC, which have a high percentage of profitable holders, typically see growing investor confidence—but they also face increased sell-off risks. Bitcoin recently crossed the $106,000 mark, gaining 2% in the last day and 3.4% for the week, even after absorbing heavy selling pressure. On-chain expert Axel Adler Jr. revealed that over 720,000 BTC were sold in the past two months. Despite this, the market absorbed the volume with minimal disruption, largely due to renewed demand.
📊 Here is the Percent of Total Supply in Profit for six top-cap cryptocurrencies. This metric tracks the percentage of each asset’s circulating supply currently held at a profit (meaning the market price is higher than the average on-chain acquisition price). As of the latest… pic.twitter.com/2jBKekDMnH
— Santiment (@santimentfeed) June 24, 2025
Adler also noted that the Realized Cap for short-term holders has surged by $66 billion since April, marking a significant wave of profit-taking. However, a slowdown in selling activity suggests short-term downside risk may be diminishing, supporting the idea that Bitcoin—and potentially other top cryptos—could be preparing for their next move.
Altcoin Landscape: Are Top Cryptos Due for Reversals?
While BTC remains dominant, not all top cryptos are faring equally. ADA has slumped nearly 24% in the past month to around $0.60, with just 46.5% of holders in the green. This underperformance, combined with oversold RSI readings and recent bullish technical patterns, has some contrarian investors eyeing a rebound. However, challenges remain—whale dumping, including a recent 270 million ADA sell-off, continues to weigh on price momentum.
Ethereum, although more stable, is facing pressure from over-leveraged futures positions, which may explain its 4.2% weekly decline to $2,430. Dogecoin (DOGE) and XRP are holding moderately well, with over 64% of holders in profit, though both exhibit signs of technical weakness. DOGE, in particular, is consolidating between $0.16 and $0.18, with analyst warnings that a breakout could lead to a dramatic 60% swing in either direction.
Among other top cryptos, Chainlink (LINK) stands out with just under 60% of holders in profit, suggesting room for upside if broader sentiment improves. As Bitcoin hovers above key support and leverage unwinds across major altcoins, the stage may be set for select top cryptos to regain momentum.
Are we about to see a major rotation within the top cryptos—or will current leaders extend their dominance into the next rally?
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