Altcoin whale activity has increased as large investors accumulate long positions in various altcoins such as Worldcoin, Polkadot, Arkham, COTI, DOGS, and My Neighbor Alice. This suggests a higher likelihood of volatility, especially when these positions are closed, which could affect smaller investors. While increased whale interest could indicate a bullish trend, it also raises concerns about potential market manipulation and risks for smaller investors. The altcoin market cap is showing positive momentum, but caution is advised due to the potential for whale-driven volatility.



Other News from Today