What are cryptocurrency whales buying? This is a question that investors want to know, especially at a time when altcoin prices are nowhere near the peak they reached a few weeks ago.

Specifically, JasmyCoin (JASMY), XRP, and Polygon (POL) have emerged as the main targets for whale purchases. Here’s a closer look at why these assets are attracting significant attention and what could be next.

JasmyCoin (JASMY)

Known as the "Bitcoin of Japan," JasmyCoin has seen an increase in whale accumulation this week. This comes amid a 30% drop in the price of the altcoin over the last seven days.

According to IntoTheBlock, the Large Holders Netflow was 10.22 million on Monday, December 16. The Large Holders Netflow is the difference between the number of tokens that whales accumulated and distributed.

The figure has increased to 54.74 million, indicating that cryptocurrency whales bought around 44.52 million JASMY tokens this week. At the current price, this means that these entities invested 1.38 million dollars in the altcoin.