Crypto Whales Bought These Altcoins in the Second Week of August 2024
🐋 Despite market volatility, crypto whales have been making waves in altcoins this week! According to BeInCrypto, their strategic buys hint at optimism for a broader market recovery. Here's a rundown of their moves:
🚀 Litecoin (LTC) Whales have significantly increased their holdings, boosting LTC's price by 8.82% to $65.50. This uptrend reflects confidence in LTC's future potential.
🔍 Polygon (MATIC)Despite recent price dips (-4.72%), whales are accumulating MATIC ahead of its transition to POL on September 4. On-chain data from Santiment confirms increased holdings among key whale cohorts.
⛓️ Avalanche (AVAX) With a 36% spike in Large Holders Netflow, whales are bullish on AVAX despite a minor dip (-3.18%) ahead of an upcoming token unlock. This strategic accumulation suggests potential stabilization post-unlock.
📈 These moves highlight whales' confidence in specific altcoins amid current market conditions. Stay tuned as their actions could signal broader market trends! 🌐💼
