1. Wormhole (W): Whales have increased their holdings of Wormhole by 950%, indicating massive accumulation of the token. This sharp increase in net inflows indicates increased confidence in Wormhole's interoperability potential.
2. Arbitrum (ARB): Whales have purchased $53 million in ARB tokens, adding significantly to their portfolios. This accumulation has attracted attention even though ARB is still far from its all-time high, showing renewed confidence in the Layer-2 solution.
3. Polygon (POL): Formerly known as MATIC, whales increased their POL holdings tenfold between October 8 and 9. Despite the prolonged price decline since the rebrand, whales remain confident in the long-term value of the token.
These purchases indicate growing interest in these tokens and their potential for growth in the near future. However, market volatility remains a concern and investors are advised to keep a close eye on whale activity.
