The price of Kaspa has taken a hit, dropping to around $0.070. But while many casual investors are getting nervous, some of the biggest wallets in the ecosystem are doing the opposite, they’re buying more.
Over the past few days, multiple top Kaspa wallets have quietly increased their holdings. According to Kaspa Daily, Wallet #5 picked up 3 million KAS, Wallet #7 added 2 million KAS, and Wallet #9 bought 3.4 million KAS. These aren’t small traders looking to make a quick buck. These are long-term holders with deep pockets, and they’re clearly not shaken by the recent dip in Kaspa price.
Their strategy seems simple: buy when prices are low, especially near historical support zones. This kind of confidence usually signals that something bigger is going on behind the scenes.
What you'll learn 👉
Positive Signals Despite the Drop
Even with the KAS price pulling back, funding rates across major exchanges remain positive. This means more traders are still betting on price going up rather than down. Long positions are outweighing shorts, which is a strong sign of underlying bullish sentiment.
Kaspa Holds Positive Funding Despite Price Dip
— Kaspa Daily (@DailyKaspa) June 19, 2025
Kaspa has dropped to around $0.07, but notably, funding rates remain positive across major exchanges.
This indicates that long positions still outweigh shorts, suggesting traders may be positioning for a potential rebound despite… pic.twitter.com/KwIexSvjv8
So while the Kaspa price is hovering near $0.070, traders are positioning themselves for a potential rebound. They’re not panicking, they’re preparing.
Kaspa Returns to a Key Trendline
Kaspa has a long-term trendline that has acted like a magnet for buyers. You can see it clearly on the weekly chart, a steady, upward-sloping line that has supported major rallies in the past.
Each time the price gets close to this trendline, it tends to bounce back. This line isn’t just a random technical indicator. It has served as a major liquidity zone, a place where big buyers step in and scoop up tokens during dips. Right now, Kaspa is testing that same level again.
That’s why many believe this current dip isn’t the end, it might be the beginning of a new move.
Why Whales Are Accumulating
The wallets adding millions of KAS know what this trendline means. They’ve likely seen this pattern play out before. When the price gets close to the trendline, it often marks the start of a new rally. That’s exactly what happened in 2023 and early 2024, when touching this support level sparked major bullish runs.
So from their point of view, the recent weakness in Kaspa price could actually be a golden opportunity. If the price holds this level and starts to bounce, we could see a new uptrend forming and possibly a move toward a new all-time high.
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KAS Price Could Stay Above Key Trendline
Kaspa’s structure still looks strong as long as the price stays above this key trendline. Whales are adding to their bags, funding rates are positive, and the technical setup points toward a possible rebound.
This might not be the time to panic. In fact, for those who believe in the long-term future of Kaspa, it could be one of the most strategic times to accumulate. What the whales seem to know and what the charts are hinting at is that this dip could be the calm before the next big rally.
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