📊 A strong sign that altos are preparing for a rally.

Altcoin trading volumes have dropped sharply, which often happens during periods of accumulation and peaks of market fear. We're back in the buying zone: 30-day volumes have fallen below the annual average.

Altos still have potential to fall by around 20% to 30% overall, but all indications are that this will be the final round of correction, which will largely offset the squeezes in altos.

🐋 Also, one of the whales has been actively buying.

He recently bought 10 assets worth approximately $13.9 million, taking advantage of the market crash and moving them to an on-chain wallet.

The following were purchased:

22,7M $ENA  , 1,898 $ETH  , 38,614 $LINK  , 74,217 $UNI, 134,005 $PENDLE, 753,625 $CRV, 521,061 $ONDO, 12,665 $ENS, 754 $AAVE, 149,593 $AERO.

We're waiting for $BTC to stabilize, and then we'll consider buying back the altcoins.

#CPIWatch #altcoins #UNI #PENDLE #WhaleAlert