🔶At the start of the year, crypto whales are actively building positions, focusing on promising altcoins. Leading the charge are HYPE, ADA, and XRP.
🔸HYPE, the token of a decentralized exchange, has surged 600% over the past 90 days. A recent 15% dip provided whales with an opportunity to accumulate assets. On January 2 alone, they purchased millions of dollars’ worth of HYPE. If accumulation continues, a price increase is expected.
🔸ADA saw a 12% rise in the past day, reaching $1.04. Crypto whales have acquired 20 million ADA in recent days, signaling potential for sustained growth.
🔸XRP remains a favorite among investors, with whales purchasing 380 million tokens, pushing the price above $3. Their activity is fostering a positive market sentiment.
🔶Whale actions are driving significant momentum in these altcoins, hinting at a bullish outlook for January 2025.