🔹 Bitcoin (BTC)
Notable movements: Whales have made significant moves in Bitcoin recently, with one whale transferring 2,772 BTC (worth about 309 million dollars) from a hot wallet on the Kraken exchange to an unknown wallet, indicating potential institutional activity.
Strategic accumulation: Wallet "bc1qd3" accumulated 356.6 million dollars worth of Bitcoin within five hours, demonstrating market optimism during periods of volatility.
Leverage positions: Another whale was observed entering a 40x long position on 149 BTC, indicating expectations of a price rise to $120,000.
🔹 Ethereum (ETH)
Quiet accumulation: Whales are quietly accumulating Ethereum, reflecting an increase in institutional confidence in ETH.
Price forecast: With Ethereum trading around $3,960, forecasts suggest it could reach $7,000 - $8,000 by the end of the year, as bullish momentum continues.
🔹 Solana (SOL)
Institutional activity: Large wallets like FalconX and Wintermute bought 44,000 SOL (worth around $8.3 million) on October 26, reflecting increasing interest from institutions.
Price challenges: Despite the approval of the first actual ETF for Solana in Hong Kong, the price of SOL faces resistance near the $200 level.
🔹 Tron (TRX)
Strong performance: TRX saw a 100% increase in price over the past year, with daily trading volume rising to $1 billion.
Market forecasts: Analysts expect TRX to surpass $1 in the current cycle, making it one of the top alternative currencies.
🔹 Preferred alternative currencies for whales
Worldcoin (WLD): Whales increased their holdings from 1.16 billion to 1.24 billion WLD in September, indicating growing interest.
Pump.fun (PUMP): PUMP recorded a 70% increase in September, with significant growth in the number of addresses holding more than 10,000 tokens.
Mantle (MNT): Whales are accumulating more MNT, with an increase in the number of wallets holding between 100 million to 1 billion tokens.
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