Recent steep drops in the crypto market have renewed attention on the moves of large investors. Prominent crypto analyst Ali Martinez highlighted notable data after reviewing recent transactions by whales holding Bitcoin ($BTC), Ethereum ($ETH), and $XRP.

Based on Martinez's analysis of Santiment data, Bitcoin and Ethereum whales have been trimming their holdings, while $XRP whales, by contrast, have kept buying.

According to the analyst's data, as Bitcoin slid from $79,000 to under $73,000 over the past week, the amount of $BTC held in large investors' wallets dropped by more than 34,000. That holding is reportedly worth roughly $2.6 billion.

Ethereum showed a similar pattern. Martinez said Ethereum whales cut their positions by about 17,800 $ETH over the last seven days, an amount estimated to carry a market value of around $40 million.

$XRP whales, however, appear to be pursuing a different approach from Bitcoin and Ethereum investors. The analyst said large $XRP holders accumulated roughly 65.32 million $XRP over the past four days, with the total value of those purchases reaching about $72 million.

Martinez pointed to a striking split among the three major cryptocurrencies: Bitcoin and Ethereum whales are reducing their exposure, while accumulation of $XRP is continuing.

*This is not investment advice.