Crypto whales are making bold moves this week, accumulating select altcoins that could be poised for significant gains. Notably, Avalanche (AVAX), Ethereum (ETH), and Pepe (PEPE) have seen substantial whale activity, indicating strong confidence in their potential.
1. Avalanche (AVAX)
Whale Activity: AVAX experienced a 380% surge in large holder netflows this week, signaling aggressive accumulation by whales.
Price Outlook: If this trend continues, AVAX could break through the $24.28 resistance level and rally toward $30.23, representing a potential 2x from recent lows.
2. Ethereum (ETH)
Whale Activity: Whales have acquired 280,000 ETH valued at over $510 million, marking the highest holdings in the past month.
Price Outlook: Sustained accumulation could drive ETH's price above the psychological $2,000 mark, with further gains possible if bullish momentum persists.
3. Pepe (PEPE)
Whale Activity: PEPE saw whales purchase 350 million tokens in the past seven days, indicating renewed interest in this meme coin.
Price Outlook: Continued whale accumulation could propel PEPE's value higher, potentially achieving a 2x increase if market enthusiasm returns.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are subject to market risks. Always conduct your own research before making investment decisions.