Whales have recently reactivated and particularly initiated a notable accumulation wave in some altcoins. In a month where the market experienced two severe corrections, large investors are strengthening their positions ahead of a possible recovery. Ahead of the expected interest rate cuts in October, strategic purchases have gained momentum again.

Dogecoin (DOGE)

At the top of the list is Dogecoin. Although volatile movements are often seen in the meme coin market, on-chain data this time indicates strong whale demand. Addresses holding between 100 million and 1 billion DOGE have resumed accumulation as of October 16. This group has added approximately 1.45 billion DOGE in recent days, increasing their total assets from 28.16 billion DOGE to 29.61 billion DOGE. At the current price, this amount is worth approximately 268 million dollars.

Technically, a daily closing above 0.217 dollars for DOGE could indicate that the price might rise to 0.30 dollars in the short term.

Cardano (ADA)

Similarly, two large whale groups are attracting attention in Cardano as well. These addresses have increased their total assets to 5.6 billion ADA and added approximately 150 million dollars. A closing above 0.68 dollars for the ADA price could open the door to the 0.76 dollar level, according to analysts.

Broccoli (BROCCOLI)

Interest is also increasing in BROCCOLI, a more niche altcoin. Investors in the whale and mega whale categories have accumulated over 7 million BROCCOLI in recent days. This means a position worth approximately 170,000 dollars. If the price breaks above 0.027 dollars, it is estimated that the profit potential could extend to 0.043 dollars.

Looking at the overall picture, large investors are viewing the recent declines as an opportunity. On-chain flows indicate a cautious optimism in market sentiment, and whales are preparing for a new recovery wave.