In a recent video on X, the popular analyst said these large market participants pressed the buy button hard on bitcoin, adding over $1.2 billion worth of the asset to their holdings in 72 hours.
In another bullish post, he explained that the TD Sequential has finally flashed a buy signal for the cryptocurrency on the four-hour chart. This came after the asset crumbled by 7% in a few days and hints at a potential rebound.
2/5 The TD Sequential is flashing a buy signal on Bitcoin’s four-hour chart.
It comes after $BTC fell 5.55%, from $86,976 on October 5 to $82,150 today.
The signal suggests this pullback may be nearing an end, with a rebound now worth watching. https://t.co/o9ZS4Q1anl
— Ali Charts (@alicharts) October 8, 2026
Here’s $ETH’s Situation
The leading altcoin crashed hard as well, tumbling from over $2,700 to $2,400 before it found some support. Although it rebounded to $2,500 on Friday, where it was stopped, it still remains well in the red on a weekly scale.
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According to Martinez, Ethereum whales didn’t just stand on the sidelines. They increased their holdings by 0.64%: in other words, they purchased around 166,000 tokens as the asset’s price corrected.
$ETH’s 8% decline also led to a change in the TD Sequential indicator. Similar to $BTC, the four-hour chart flashed a buy signal once the asset slipped below $2,550, where it currently sits. Martinez noted that the recovery can take $ETH to somewhere between $2,620 and $2,650.
What About $XRP?
Ripple’s native token remains down by double digits on a weekly scale, even though it rebounded from the local low at $1.34. On the plus side, the rejection at $1.51 and the subsequent retracement allowed whales to resume their accumulation spree.
Martinez said these big market players bought over 45 million tokens, worth around $63 million, during the nosedive. And, not to be outdone by $BTC and $ETH, $XRP’s four-hour chart also saw a new buy signal, according to the TD Sequential.
“An earlier sell signal aligned closely with $XRP’s local high. Now, the question is whether this buy signal marks a local low,” added Martinez.