Whales are preparing for the next altcoin rally. This is evidenced by the on-chain metrics pointed out by #CryptoQuant.
According to their data, the volume of limit orders to buy altcoins (excluding #ETH) is growing. These are powerful supports for demand on the path of a possible decline.
In our#Coinsharesreports, which we analyze on Mondays, we regularly focus on the fact that for six weeks in a row, institutional money has been going into Multi-asset cryptocurrency portfolios (containing several different cryptocurrencies). And this is proof of their preparation for the altseason.