CandleFocus Crypto Whales Bought These Altcoins in the First Week of January 2025
2025-01-10
Author: Content Editor
The post-election rally following Donald Trump's victory in the US presidential election has cooled down, leading to a consolidation phase in the broader market. However, crypto whales are still active and are accumulating select assets. Three tokens that have attracted the attention of whales are Toncoin (TON), Shiba Inu (SHIB), and Artificial Superintelligence Alliance (FET). The netflow of large holders of TON has increased by 220% in the past seven days, indicating a likelihood of a price rally. For SHIB, whale addresses holding between 100,000 and 1,000,000 coins have accumulated an additional 1.94 billion coins, pushing their holdings to an all-time high. If these whales continue to buy SHIB, its price may rally. Similarly, Arbitrum whales have shown up this week, and if accumulation persists, the value of the token may increase.
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