Whales are accumulating DOGE, with addresses holding between 1 and 10 million tokens adding 30 million, indicating a potential price increase to $0.206.
A 475% increase in the netflow of AVAX whales indicates investor confidence, and if accumulation continues, the price could rise to $24.28.
The netflow of QNT whales increased by 1,083%, driven by the launch of Overledger Fusion, which could drive its price to $115.20 with the purchase.
In the last week of May, the cryptocurrency market experienced a slowdown in trading activity as participants took profits after recent rallies.
Despite this brief pause, several altcoins have caught the attention of large investors, commonly known as whales, who are accumulating positions in anticipation of potential price gains in June.