In July 2024, crypto whales are actively making significant moves in the market. Key highlights include:

1. Bitcoin Cash (BCH): Whales have been accumulating Bitcoin Cash, with holdings increasing noticeably from June 21 to June 30. This activity has contributed to strong price performance, pushing BCH to over $300, with the potential to reach $350 if the buying trend continues

2. Litecoin (LTC): Large holders are also increasing their Litecoin positions. Between June 26 and June 30, whales added 430,000 LTC, pushing the price to a new 2023 high of $108. Continued accumulation can reach the price target of 120 USD in July

3. Compound (COMP): Compound has seen an increase in whale activity, with large transactions increasing significantly in late June. This has fueled a significant price rally, in COMP increased 90% in the last week of June.

Overall, whale activity is focused on these altcoins, with strategic accumulation likely to influence market dynamics and push prices up. $BCH $LTC $COMP