CandleFocus What Crypto Whales Are Buying for Potential Gains in December 2024
2024-11-29
Author: Content Editor
In December, crypto whales are accumulating altcoins such as Fantom (FTM), Dogecoin (DOGE), and Optimism (OP). Whales are buying FTM in anticipation of the upcoming transition from Fantom to Sonic, leading to a potential rally. The netflow of large holders of DOGE has increased, indicating whales accumulating over $1 billion worth of the coin. Whales are also buying OP due to the sentiment that Ethereum's price will rise in December, potentially leading to a rally in OP's price. However, if whales stop buying, these altcoins' values could decline.
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