The post Bonk Coin Sees Whale Accumulation and Spot Market Buying, Suggesting Possible Rally Continuation appeared on BitcoinEthereumNews.com.

Bonk Coin (BONK) has surged over 7% recently, driven by significant whale accumulation and dominant buyer activity in the spot market. On-chain data indicates that both large wallets and retail traders are contributing to sustained buying pressure, suggesting a bullish continuation for BONK. According to CryptoQuant, whale-sized futures average order sizes have increased since early June, signaling renewed interest from major market players. Bonk Coin rallies 7% as whales accumulate and spot market buyers dominate, signaling a potential bullish trend supported by strong on-chain data. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Whale Accumulation and Futures Activity Signal Bullish Momentum for BONK Bonk Coin’s recent price action is underpinned by a notable increase in whale accumulation, particularly during recent price dips. This behavior is often interpreted as a strong conviction move by large holders, who typically accumulate assets ahead of potential rallies. CryptoQuant’s data highlights a rise in futures average order sizes from June 7th onward, indicating that institutional and high-net-worth investors are actively positioning themselves in BONK. Historically, such accumulation phases have preceded significant upward price movements, especially when paired with increased retail participation. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”);…

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Filed under: News - @ June 14, 2025 6:25 pm