Bitcoin

Top 3 Altcoins Whales Are Buying Right Now

As the crypto field is ready for a potential rebound, the main altcoins like Ethereum (ETH), Fartcoin (Fartcoin) and hyperliquid (hype) become choices of the main cryptocurrency. The move of intelligent money for these assets, made fiercely by leaving a market resurgence in June, seems more likely than ever.

Similarly, the first Crypto BTC also took a shower of optimism, because its punctual ETF faced three consecutive days of outings, and the data from the santly show that the whales have more than $ 8.3 billion last week.

Meanwhile, its strong correlation with the global money supply of M2 increased the condemnation of experts for its price to reach $ 150,000. These growing bullish factors suggest that the next brewing season in the cryptographic sector could be even more parabolic than previous cycles.

Like, BTC aside, whales stack altcoins in anticipation of a rally. At the end of May, the sector saw a slowdown, but this decline has not dissuaded the main investors, who seize the opportunity to accumulate promising altcoins. Continue to read because the cryptocurrency prepare the ground for a significant change, because we have already moved in June.

Ethereum (ETH)

According to Lookonchain data, a cryptocurrency used the Galaxy Digital OTC portfolio to obtain 108,278 ETH, or $ 283 million. Before several hours of this decision, this whale had already withdrawn 89,000 ETH, or $ 233 million. From now on, all combined 139,476 ETH amounting to a total of $ 365 million are in a portfolio address “0x0b26”.

This decision is not an reckless decision, the way in which the address moved its assets clearly shown a well -designed accumulation strategy that was made for a future increase in the price of Ethereum.

Ethereum price analysisEthereum price analysis

In addition, on the daily graphic, the ETH price is higher than the main EMA and seems that the Fibonacci 50% zone should break in June for the Fibonacci 78.6% and 100% (High 2024 targets of Q4 2024).

Fartcoin (Fartcoin)

In addition to the second most dominant crypto, which drew significant attention from cryptocurrencies, is Fartcoin (Fartcoin).

According to Lookonchain data, three whales bought 9.2 million Fartcoin, or $ 9.5 million, showing a very optimistic vision of Fartcoin growth potential.

Fartcoin priceFartcoin price

At the time of writing this document, Fartcoin is negotiated at $ 0.8,910, down 5.7% in the last 24 hours. However, some traders remain very optimistic after having known the activity of the whale, the long -term price of this meme could go to the 100% fibonacci level around $ 2,7321 ATH, but an accident would lead to its lowest demand zone.

Hyperliquid (hype)

The recent increase in media threshing is due to media threw around a merchant named James Wynn on hyperliquid and the announcement of the list of binances.

In the midst of this optimism, onchainlens’ data emphasizes that cryptocurrency has spent an amount worth $ 6 million over three coherent days to buy more than 170,000 media threw.

Media priceMedia price

Given all the bullish factors in recent times, the participation of large investors has increased, which indicates strong confidence in the long -term potential of the price of the media threw. According to Fibonacci, if ATH is broken, then $ 58 is probably the next one.

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