Crypto Whales Bought These Altcoins in the First Week of December 2024 🐋

In December 2024, crypto whales made substantial purchases of various altcoins, signaling their confidence in these digital assets. The buying activities were likely influenced by favorable macroeconomic conditions and speculative opportunities.

The top altcoins acquired included Worldcoin, which saw a netflow increase to 57.25 million tokens, valued at approximately $220 million. This heavy accumulation led to a 35% price rise, reaching $3.86.

Mantle, linked to Ethereum's performance, also experienced increased interest from whales. Accounts holding 10 to 100 million tokens boosted their holdings by over $4 million, positively affecting Mantle's price.

Bitcoin Cash, linked with Bitcoin's price surge to $100,000, saw whale purchases increase its netflow to 56,830. This acquisition is expected to potentially drive BCH prices higher if the trend continues.

Overall, these whale activities provide a positive outlook for altcoins, impacting market dynamics and demonstrating increased investor confidence.