Kaspa (KAS) has kept building, even though the price hasn’t done much lately. The network has now passed 600 million transactions, which means people are actuallyKaspa (KAS) has kept building, even though the price hasn’t done much lately. The network has now passed 600 million transactions, which means people are actually

Here’s the Kaspa (KAS) Price If Big Players Keep Averaging Down

2026/02/23 21:30
3 min read

Kaspa (KAS) has kept building, even though the price hasn’t done much lately. The network has now passed 600 million transactions, which means people are actually using it.

The goal is to increase speed from 10 blocks per second today to 100 over time. However, node updates are being rolled out so the system stays stable and secure.  Now, a large holder is adding fuel to the story.

The Mystery Whale Adds 14 Million KAS

Kaspa Daily reported that the top KAS holder, still unidentified, bought another 14 million tokens in two separate transactions from centralized exchanges.

This move increases their total position and lowers their average cost. In simple terms, they are averaging down.

Large holders do not usually make repeated buys without a reason. When someone with deep capital keeps adding during weakness, it often means they believe the price is undervalued at current levels. Right now, the KAS price is trading around $0.03002.

Strong Network Growth Behind the Scenes

The whale activity comes at a time when Kaspa’s fundamentals are moving forward.

The network has now processed more than 600 million transactions. That is not a small number. It shows real on-chain activity and consistent use.

The goal is to increase the speed from 10 blocks per second to 25, then 40, and later 100. If that happens, Kaspa would be faster than most proof-of-work chains.

Infrastructure updates are also ongoing. Node operators are being guided to upgrade and maintain healthy deployments. That may not grab headlines, but it keeps the network reliable.

Read Also: TradFi Perps Jump to 31% on Hyperliquid – Is HYPE About to Dominate?

However, when a top holder keeps buying from exchanges, it removes supply from the open market. If this behavior continues, it can tighten available liquidity.

Of course, one whale does not control the entire market. But steady accumulation during weakness often signals long-term positioning, not short-term trading.

The key question is: are they finished buying, or is this only the start?

KAS Price Levels to Watch

If buyers keep stepping in and the market steadies, the first level to watch is $0.033. After that, $0.036 is the next barrier, since price turned back there before.

If demand picks up, the KAS price could push toward $0.040. If the selling resumes, it may slip back to $0.027, and below that, $0.025 is the next area where it may try to steady.

For now, price is hovering near $0.030. If the mystery whale is not done accumulating, that level may end up looking like a long-term discount.

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The post Here’s the Kaspa (KAS) Price If Big Players Keep Averaging Down appeared first on CaptainAltcoin.

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