🔀 3 Cryptocurrencies That Whales Bought This Week:

PEPE, FTM, and IMX.

☑️ Following the Fed’s rate cut on Wednesday, the crypto market has seen a surge in activity. Crypto whales have been cruising around this renewed enthusiasm, piling up some altcoins.

✅ Among the first picks for these big holders are Phantom (FTM), Immutable (IMX), and Baby (32540274090).

Phantom (FTM)

⏺️ Anticipation around the upcoming Phantom Sonic update, coupled with the broader market’s recovery following the recent rate cut, has led to increased activity among 37564956558 whales.

🔷The update, set to launch on the mainnet in November, aims to boost network performance by introducing several improvements, including a new Phantom Virtual Machine (FVM), an improved Lachesis consensus mechanism, and the Carmen data storage system.

🟢Since the Sonic testnet went live on September 6, whale activity in FTM trading has surged. Improved market sentiment following Wednesday’s interest rate cut has also contributed to the surge. 🔸By September 19, the number of FTM transactions worth over $100,000 had reached 71, the highest daily total in the past 30 days42906640371.