Look Out! Crypto Whales are Accumulating These 3 Altcoins NOW

Crypto whale activities can sometimes decide market direction and influence price. This video shows you three altcoins that whales believe in and have amassed in large amounts.

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#bitcoin #ethereum #chainlink

The good news is that Bitcoin did hit $50,000 earlier this week that’s nice it’s a nice Milestone that we’ve all been looking forward to but there is still a lot of uncertainty left in the market right now crypto Wales the guys that always represent the smart money in this space have explicitly shown

Interest in a narrow range of coins lately and once again are aggressively accumulating them and doing so in large numbers by the way these major purchases could have a huge impact on the Market could push us back up above $50,000 per BTC and more new all-time highs because

This is that smart kind of money that leads market trends that kicks things off and if you pay attention and choose to follow their strategy maybe pick up some of these coins on your own you can modify your buying and selling pretty intelligently and profit alongside these

Major whales let’s take a look at exactly which three coins they’re Accumulating welcome to the channel my name is Maddie and this is altcoin Buzz if you’re watching this you’re probably not a wh I hope you get there one day uh and in that spirit I wish you the best of luck if you choose to invest but that being

Said I want to caution you because of course I am not a financial or investment adviser and so just a friendly reminder that this video is not official Financial or investment advice there’s a lot of activity taking place on ethereum right now and whales are actually behind most of it ether is our

Number one coin that they’re accumulating on today’s list and with everything happening it is no surprise that ethereum whales have stayed very busy accumulating eth ahead of what they probably anticipate to be a very bullish season for the network and data from Lon chain shows that a whale spent 20

Million usdc in order to buy 4,242 eth about $10 million worth at $2,358 and no doubt that had an impact right the market notices these kinds of numbers and transactions and as I record right now ethereum is up 3.1% it sits right now at $2,633 it’s had a very nice 7 days here

We’re looking at the past week then we have another whale that withdrew 12,600 eth or about $29 Million worth from binance on Sunday and Wales have allegedly withdrawn a total of 19,90 eth or 4 $6 Million worth in just the past week also a rather dormant ethereum whale recently just made their

File transfer after8 years the whale with pre-mined eth transferred about 100 eth valued at $230,000 another ethereum Dorman address was also recently activated following a period of Silence since its Genesis event the address holds about 492 eth that’s valued at 1.14 m million and so the entry of these large

Players and their involvement with ethereum is definitely having an impact on ether and they perhaps know something that the rest of us don’t but either way you don’t have to know with 100% certainty what the end game for a certain project is going to be more often than not not Financial advice but

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Definitely my favorite project after Bitcoin and ethereum we’re talking chain link here which has had a very impressive price surge in recent days and large accumulations from Wales are definitely one of the likely drivers of this particular price increase that we’ve been observing data from look on chain claims that large whales or

Institutions are accumulating link that’s the ticker right l i n k and about 47 fresh wallets with withdrew 2,237 154 link valued at about $ 42.4 million from binance that was just in the last few days over the weekend actually correspondingly chain link also saw a boost recently in its market cap

Adding $3.5 billion in just one week which of course has sparked renewed enthusiasm among chain link users I think arguably we’re back into the link Marine status as opposed to submarines and then onchain data is showing us that the Supply in the top 1% of Link addresses has increased since late

January so just really in the last couple of weeks the supply has moved from 9243 million to about 925 million and so look the large accumulation of Link could lead to a decrease in the amount of Link in circulation and this could support chain Link’s recovery uh link surged by about

4% on Monday February 5th alone and as I pointed out a moment ago it’s had a very strong strong week uh feeling the support definitely of those whales that have been accumulating okay and last but not least probably no surprise here because BTC was just above $50,000 but at number three here Wales

Are definitely accumulating Bitcoin and you know earlier in January earlier in 2024 uh BTC was having a little bit of a rough time it was a little bit volatile actually we have to remember that as recently as January 23rd Bitcoin dipped below ow $440,000 but it has since

Performed pretty well but even in the midst of that volatility Wales never lost the faith and the data shows definitively that interest in terms of accumulating BTC has not wavered has not waned in fact large Bitcoin holders have been adding to their portfolios in recent days raising the overall number

Of wallets to the highest it has been in 15 months and additionally the holding pattern actually suggests that the Lesser whales have been strengthening their Holdings to become part of the next group of holders data from santiment which is an onchain analytics platform notes that there was a 2.5%

Increase or 47 more wallets in terms of the number of Bitcoin addresses holding around 1,000 and 10,000 BTC and that 2.5% increase was observed over the course of less than a week as of a couple weeks ago the 1st of February the total number of addresses in this tier is 1,9

158 which in fact is the highest number since November of 2022 so over a year ago the accumulation of Bitcoin by a significant number of large holders suggests to us that investors are still very confident in Bitcoin again despite some of that volatility that we saw

Earlier in the year over the last six weeks or so but again smart money is patient money and another reason of course for the growth in the number of very large BTC whales was the approval of spot Bitcoin ETF products which happened last month in January and so a

Portion of the funds acquired when mainstream investors subscribe to one of the ETF issues offerings is used to buy more Bitcoin which then in turn increases the total number of whales and as conditions continue to improve as prices hopefully continue to rise there is a strong and I would say very high

Possibility that we could see a further increase in the number of Bitcoin whales in the coming months as we go through 2024 altcoin Buzz Alpha is proud to say that we now have a winning portfolio spread among different sectors and additionally we’re also very well positioned to get into good idos and if

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