Whales, or large investors, are increasing their transactions and trades in a selection of 10 older altcoins and tokens. This is in contrast to the trend of investing in DeFi, meme tokens, and AI tokens. Tokens like DeXe, AIOZ, and LEO saw significant growth in whale activity, while Maker saw selling. Centralized tokens are harder to track, but overall whale activity suggests increased interest in altcoins. Whales have also increased positions in Worldcoin, DOGS, COTI, Arkham, My Neighbor Alice, and Polkadot, indicating potential short-term volatility. Older Web3 assets like Mantle, Safe, SuperVerse, and Decentraland also attracted whales. Altcoin season is expected in Q1, but there are fears of a significant drawdown. Altcoins usually move based on narratives, and most narrative tokens have performed well recently. However, altcoins remain highly risky, and both whales and retail traders are focused on shorter-term gains.



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