Whales started preparing for that altcoin: What are they after?

The Artificial Superintelligence Alliance (FET) confused people with the change in the number of active addresses.

The activity of FET whales has increased by 3610 percent in recent days. The number of active addresses increased by 15.52 percent. Despite the calming of the artificial intelligence trend, onchain data in #FET continues to attract attention. This growth indicates the interest of institutional investors and large whales in the ecosystem.

The increase in whale activity is generally considered a sign of future confidence in the token's performance. This rapid rise can be interpreted as an increase in investors' expectations of profit.

Another positive indicator for FET is the increase in active addresses by 15.52 percent. The metric in question tracks the number of unique addresses trading in a certain period of time. The increase in active addresses indicates that user interest is increasing and more investors are trading the $FET token. It is possible that this movement will have a positive impact on the price.

The coming days will be critical in determining whether FET can overcome the resistance at $1.53. If this resistance is broken, a new rally may begin. However, staying below this level may bring a correction in the short term. Although whale activity and the increase in the number of active addresses give positive signals for FET, the resistance at $1.53 still remains a significant obstacle.

In addition, the strength of the artificial intelligence trend will be decisive for the pair. If the artificial intelligence trend continues or NVIDIA announces earnings above expectations, further increases can be expected in the popular altcoin.

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