Moving further into 2024, there’s a notable change concerning whale activities in the cryptocurrency market. Toncoin (TON), the project that was popular due to being part of The Open Network, is currently in consolidation, trading at $5.57. Although Toncoin has been successful and whales have begun to pour in positive feedback due to the token’s performance.
Meanwhile, giant whales are showing increasing interest in Solana (SOL) and Rexas Finance (RXS), indicating a shift in whale investment strategy within the broader crypto market. Investors are paying close attention to these developments, particularly regarding the impact on the market dynamics for these tokens.