Whales Target Ethereum and Two Altcoins This Week
Large crypto holders made bold moves this week, signaling a shift in market confidence. In just a few days, whales poured millions into three altcoins that may be on the verge of strong momentum.
Top player allocates over $280M via OTC deals
A whale linked to a major institutional fund acquired over 108,000 ETH in a single OTC transaction worth around $283 million. This was followed by massive withdrawals from exchanges, suggesting long-term holding intent. The asset also saw the highest institutional inflow in six weeks, with over $286 million coming in.
Speculative tokens see sudden whale accumulation
On a high-speed blockchain network, a memecoin caught the attention of three whales who bought 9.2 million tokens in a four-hour window. Despite a minor price dip, this aggressive accumulation reflects expectations of a potential rally. Analysts now anticipate it may test new highs soon.
Unlisted token gets $6M investment before debut
Another whale allocated $6 million to acquire a low-cap token ahead of any major exchange listings. This early positioning suggests confidence in its upside potential and showcases how strategic bets are shaping the altcoin landscape.
When whales act, the market listens. These early June moves could mark the beginning of a larger cycle. Retail investors observing from the sidelines should pay attention to the patterns unfolding.
