đ Crypto Market Update: Whales Are Making Big Moves! đđ°
The market has been on fire since Donald Trump's US presidential election victory on November 5, with the uptrend now entering its third week. Major cryptocurrencies are hitting all-time highs, while smaller tokens are delivering massive gains. Here's how crypto whales are reshaping the market with strategic accumulation:
1. Dogecoin (DOGE): Whales Love the Meme King! đ¶
Netflow spike: A staggering 112% increase in large holders' netflow, as per IntoTheBlock data.
What it means: Whale addresses, holding over 0.1% of DOGEâs circulating supply, are on a buying spree.
Bullish signal: This uptick suggests a potential sustained rally for DOGE!
2. Ethereum (ETH): Whale Accumulation Intensifies! đ„
Current price range: ETH is consolidating between $3,396 and $3,043 over the past 14 days.
Massive buy-in: Whales holding 100,000â1,000,000 ETH have added 380,000 ETH, worth $1.27 billion!
Future outlook: ETH could rally towards $3,500 if this trend continues.
3. Shiba Inu (SHIB): Meme Coin Mania Continues! đ
Big moves: SHIB whales increased their holdings from 127 billion to 129 billion SHIB within a week.
Potential growth: With 2 billion SHIB added during this period, persistent accumulation could boost SHIBâs value.
Why This Matters:
Crypto whales often set the tone for the market. Their large-scale accumulations indicate confidence in long-term growth, potentially triggering a ripple effect for retail investors.
đĄ Whatâs Next?
Keep an eye on whale behavior to anticipate market trends.
Watch for DOGE, ETH, and SHIBâthese coins could see explosive growth if this momentum continues.
đŹ Let us know your thoughts! Which of these cryptos do you think will dominate next?
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