This past week was a challenging time for the cryptocurrency market with over $2 billion liquidated due to tariffs imposed by Trump on Mexico and Canada, causing trade war fears. However, the market is stabilizing, and crypto whales are taking advantage of the situation by purchasing dips in prominent altcoins such as Solana (SOL) and Avalanche (AVAX).
Despite the significant downturn, these major players seem confident in the long-term potential of these altcoins, leveraging the market dip to increase their holdings.