_Crypto Whales on the Move: Focus on Altcoins_
Crypto whales, known for their significant market influence, have invested heavily in three altcoins: Polygon (MATIC), Litecoin (LTC), and Ethereum (ETH). These strategic moves have highlighted the growth potential of these assets.
_Polygon (MATIC) Sees Whale Interest Ahead of Move_
With the upcoming transition from MATIC to POL on September 4, crypto whales have taken notice. MATIC is up 33% in value, making it one of the biggest gainers this week. The number of whale addresses holding significant amounts of MATIC tokens has reached a monthly peak of 316.
_Litecoin (LTC) accumulation indicates a potential upside_
Litecoin has seen significant whale activity, with net inflows from large investors increasing by 141%. This trend suggests that whales are accumulating more coins, which could lead to a price surge. LTC is currently trading at $66.20, with a potential to reach $70 or higher.
_Ethereum (ETH) Whales Push Price Higher_
Ethereum whales continued their strategic buying, pushing the price above $2,700. The number of whale addresses holding between 10,000 and 100,000 ETH reached 1,008, the highest level in over a month. This activity has helped push Ethereum’s price higher, with it currently trading at around $2,759.
