Crypto Whales Bought These Altcoins in the Fourth Week of January 2025 🐋
In the fourth week of January 2025, the crypto market has seen consolidation following Donald Trump's inauguration. Despite the market's stagnant state, crypto whales continue to accumulate certain altcoins, including Avalanche (AVAX), Dogecoin (DOGE), and Lido DAO (LDO), with expectations of future gains.
Avalanche (AVAX) has seen a significant increase in whale activity, with large holders' netflow spiking 151% over the past week. This accumulation could push AVAX's price toward $40, indicating a bullish outlook for its future.
Meanwhile, Dogecoin (DOGE) has also been a target for whales, with 1.65 billion DOGE accumulated by addresses holding over 1 billion DOGE, valued at over $569 million. This potentially positions DOGE for a rally above $0.40.
Lido DAO (LDO) follows suit, with large investors accumulating 15 million LDO tokens, worth over $31 million, suggesting a possible rise in value to $2.26 if the trend continues.
Source: beincrypto.com ↗
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