As October approaches, crypto whales are buying assets with larger market capitalization, marking potential gains. According to Juan Pellicer from IntoTheBlock, this aligns with institutional demand trends.
Ethereum (ETH) is a major focus, with wallets holding between 10 million to 100 million ETH adding 910,000 ETH over the past 26 days.
Dogecoin (DOGE) has also seen significant accumulation fueled by a 24% price gain last month. Whale activity in DOGE has increased by 134% in net flow.
Toncoin (TON) has caught whales' attention too, with large transactions skyrocketing by 179% for transactions valued between $1 million and $10 million, and a rise of 83% for transactions over $10 million.
