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Crypto Whales are Buying BITCOIN & These 2 Altcoins
- Bitcoin, Ethereum and Solana are the top 3 altcoins that whales are betting on.
- Bitcoin whales have been accumulating the cryptocurrency at a rapid pace as institutional demand surpasses retail demand.
- BlackRock, the world's largest asset manager, is also adding to its Bitcoin holdings.
- Ethereum whales are also accumulating the cryptocurrency, with an influx of 598,000 ETH to large addresses in the past week.
- New Ethereum wallets are also being created at a rapid pace, indicating growing interest in the cryptocurrency.
- Ethereum's fast growth of tech, recent improvements in scalability solutions and the ongoing expansion of DeFi are boosting its potential.
- Solana is also drawing serious whale interest as evidenced by three major whale addresses withdrawing large amounts of SOL.
- Over 140 million new users joined Solana in October 2024 and the daily active addresses reached 123 million which is the highest we've seen this year.
- Whales move the market and knowing which altcoins are in their wallets is a smart strategy.
- These three altcoins, Bitcoin, Ethereum, and Solana, are on the radar of crypto whales.
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