Today, December 14, 2024, crypto whales are making a big move in the market and grabbing the attention of investors. Let's summarize the most important movements.
Crypto whales continue to accumulate Bitcoin $BTC , especially after prices stabilized at attractive levels for purchase. Data showed that large quantities were transferred to whale wallets, which means that they are ready for any expected rise in prices during the coming period, especially with the end of the year approaching and the beginning of new investment planning.
Dogecoin $DOGE is back in the picture with a bang! Whale activity increased by 1,645% today, and about 367 million Dogecoins were transferred to their wallets. This movement pushed the price of the coin up, and people are optimistic that the price could reach the $1 barrier if this activity continues at the same pace.
$WLD It was met with great demand from whales, who bought huge quantities, which led to a 35% increase in its price in the past few days. It is clear that confidence in this currency is increasing, and many people believe that it may continue to rise in the coming period.
Mantel (MNT) and Optimism (OP) are also not far from the whales’ attention. We have seen a significant increase in large wallet balances, especially since they are linked to the relatively stable Ethereum network. These coins perform strongly with any improvement in Ethereum.
What is happening shows that whales are trying to take advantage of any opportunity to accumulate basic and alternative currencies, and this could be a sign of major movements in the market soon. Of course, this is just an analysis and opinion, not financial advice 😊👻