Large investors, or 'whales', can significantly influence the price of altcoins. Their substantial assets allow them to cause price fluctuations, especially in less liquid markets. When whales open or close positions, it can create volatility and affect other traders. $SOL $XLM $FIDA
This accumulation by whales occurred after the recent market downturn, which provided opportunities to buy altcoins and bitcoins (BTC). While the increased interest from whales may be a signal of a bullish trend, it also raises concerns about potential market manipulation and risks for small investors.
Over the last 90 days, WLD has risen by 26.25%, and DOT by 88%. However, over the last 30 days, ARKM has fallen by 34.02%, COTI has fallen by 26.83%, DOGS has fallen by 30%, and ALICE has fallen by 32.21%.#TrumpBTCBoomOrBust