šØ WHALE ALERT: Select Altcoins Getting Sold Off as October Closes š
The data is clear: large holders (whales) are reducing exposure in key altcoins like Shiba Inu (SHIB), Cardano (ADA) and Zora (ZORA) as the total altcoin market cap drops from ~$1.62 trillion to ~$1.45 trillion since mid-October.
š§ What it means for your trades:
For $SHIB : Whales offloaded $355k value) since Oct 18.
For $ADA : Large holders trimmed $19 m) after a breakdown attempt.
For $ZORA : Whale holdings dropped ~6.71%, ~390k tokens sold in the last week.
š Take action accordingly:
Consider warning your community: monitor over-sold setups, accumulation zones, or possible rotations into blue-chip assets or safer plays.
If you hold these altcoins, watch support levels closely ā selling pressure may continue until clear accumulation begins.
If you trade actively, track whale wallet movements and market cap shifts for early signals of broader market rotation.
#altcoins #CryptoWhales #MarketRotation #dyor #CryptoTrading
