Crypto whales have been accumulating altcoins and causing significant price jumps in the second week of December 2024. AAVE, the token of a decentralized lending platform, was the top altcoin accumulated, with whales buying around $35 million worth of the token. This influenced AAVE's price, which rose by 42% to $370.34. VIRTUAL, the token of an AI protocol, was also accumulated by whales, resulting in a new all-time high price. ONDO, a token related to Real World Assets, saw a 17% price increase due to whale accumulation. The future value of these altcoins will depend on whether whales continue to buy or if selling pressure increases.



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