Whale Alert: Get Ready for Incoming Altcoin Rally
CryptoNewsTerminal Staff31 Jul, 2024
Whale Alert: Get Ready for Incoming Altcoin Rally
Increase in Altcoin Orders Signals Whale Accumulation CryptoQuant CEO Ki Young Ju recently announced that whales, or large investors, are gearing up for a potential altcoin rally! Ju observed a significant surge in buy orders specifically for altcoins, excluding Bitcoin and Ethereum. This indicates the formation of a strong support level, signaling a buying spree among whales. This news follows a recent trend of growing interest in altcoins, as investors seek potential for higher returns. By monitoring whale activity, traders can gain valuable insights into market sentiment and anticipate potential price movements. Stay tuned for the latest updates on this evolving story as the altcoin rally gathers momentum.
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