What are crypto whales buying? That’s the question investors want to know, especially at a time when altcoin prices are far from the peak they reached a few weeks ago.
Specifically, Jasmine Coin (JASMY), XRP, and Polygon (POL) have emerged as prime targets for whale buying. Here’s a closer look at why these assets are attracting so much attention and what could happen next.

Maintaining its position above $2, despite its 8.2% decline against the US dollar this week. Over the weekend, massive on-chain XRP transactions caught the attention, with the network’s stablecoin, RLUSD, reaching $53 million in value.
Whale Alerts
Recent weeks have seen a significant advance for XRP, supported by speculation of a more friendly US regulatory environment and the debut of RLUSD trading on major exchanges. However, the crypto asset has mirrored the overall market decline, settling at $2.18 per unit after falling 8.2% this week.

There are rumors circulating in the cryptocurrency sector that the United Arab Emirates (UAE) holds over $40 billion in Bitcoin.
These whispers gained momentum after a cryptic tweet from Binance founder and former CEO Changpeng Zhao.
Rumors of UAE Bitcoin Wealth Highlight Countries’ Accumulation Trends

The total value locked (TVL) on the Solana network has fallen to its lowest level this month, reflecting a decline in activity on the layer-one network. Since the beginning of the month, more than $1 billion has been withdrawn from the Solana decentralized finance (DeFi) ecosystem.
The sharp drop in TVL can be attributed to a decrease in daily active addresses on the network. This indicates a shrinking user base and reduced on-chain activity.

Ethereum (ETH) price prediction has been on investors’ radar for a while. Amidst this sentiment, the cryptocurrency surged above $4,000 and, at one point, dropped below $3,200.
However, in the past 24 hours, the price of Ethereum has risen by 10%, with large transactions rising to levels not seen in nearly a week.

Jump Crypto’s wholly owned subsidiary, Tai Mo Shan, has agreed to a $123 million settlement with the U.S. Securities and Exchange Commission (SEC) for its role in misleading investors about the stability of its Terra USD (UST) stablecoin.
Jump Crypto, a subsidiary of Chicago-based private trading firm Jump Trading, has been an integral part of the Terra ecosystem. The company is currently under investigation by the U.S. Commodity Futures Trading Commission (CFTC).

Tether, the global leader in the stablecoin market, has strategically committed $775 million to Rumble, a rising video-sharing platform that positions itself as a decentralized alternative to YouTube.
This major investment comes as Tether's profits have soared, surpassing $10 billion in profits this year.
Tether Seeks to Disrupt Media With Investment in Rumble