Crypto Whales are Buying These 3 Altcoins for October Gains

Whales are actively acquiring various digital assets, including Ethereum, Lido, Uniswap, and Aave, which could indicate bullish trends in the crypto market.

Over one trillion SHIB tokens have been accumulated by Shiba Inu whales in just 24 hours, signaling a potential shift in the popular cryptocurrency's ecosystem, although the majority of these whales are affiliated with exchanges, suggesting a possible selling event and bearish sentiment.

The cryptocurrency market has experienced a recent decline in prices, particularly for Bitcoin, Ethereum, and Dogecoin, leading to concerns among traders and investors. Despite this, there is optimism surrounding the performance of the top 5 altcoins (DOGE, SHIB, SFP, OCEAN, FET) in the coming weeks, with AI-driven projects generating hype and potential gains.

Crypto whales are betting on the 100x potential of InQubeta (QUBE), an AI-powered altcoin that has maintained momentum despite the bearish trend, with its ongoing presale raising over $2.2 million in funding and offering investors a stake in AI-powered crypto projects.

Large BTC investors, known as "whales," have increased their holdings by $1.5 billion in the last two weeks of August, indicating organic buying demand and optimism among institutional investors as the approval of bitcoin exchange-traded funds (ETFs) approaches.

A blue-chip altcoin, Chainlink (LINK), may experience a bullish rally based on various analytics, while whales and sharks have accumulated $71 million worth of Maker (MKR) tokens, and Bitcoin Cash (BCH) has seen a price rebound, according to Santiment.

Crypto whales have taken advantage of the recent downturn in altcoin markets to buy discounted Polygon (MATIC), Litecoin (LTC), and Apecoin (APE) tokens, potentially increasing confidence in the long-term viability of these projects.