In the crypto market, large investors (whales) have recently changed their investment strategies and made significant purchases of altcoins. Blockchain analysis has shown that this strategy change has become especially evident in recent weeks.
One of the most notable transactions during this period was when a whale purchased 189.55 million BEAM tokens. This transaction was completed by spending 1,458 WSTETH worth $6.7 million at an average price of $0.03515 per token. The BEAM token now holds a significant place in the whale’s portfolio.
Another notable altcoin was the VIRTUAL token. This token, which belongs to an artificial intelligence-focused project on the Base chain, attracted great interest from whales. With the 10 million USDC withdrawn from Coinbase, 4.25 million $VIRTUAL was purchased at $2.35 per token. Another whale also spent 406 ETH worth $1.58 million for 664,361 $VIRTUAL tokens.
According to blockchain data provider Santiment, wallets holding between 100 million and 1 billion VIRTUAL tokens have accumulated an additional $15 million, pushing the token’s price to new all-time highs. If this accumulation trend continues, the VIRTUAL token could surge past the $2.60 level.
These strategic purchases show the strong influence whales have on the altcoin market and the increasing trust in certain projects. Altcoins like BEAM and VIRTUAL are gaining more attention thanks to whale interest and are giving positive signals about their future growth potential.
