COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Which Altcoins Are Attracting Whale Attention in the Crypto Market?
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cryptocurrency News > Which Altcoins Are Attracting Whale Attention in the Crypto Market?
Cryptocurrency News

Which Altcoins Are Attracting Whale Attention in the Crypto Market?

In Brief

  • The volatility in the cryptocurrency markets continues, and <a href="https://en.coin-turk.com/bitcoin-price-surges-despite-bear-market-what-the-data-shows/”>Bitcoin has once again surpassed $37,400. This indicates the justified direction of the whales. If the daily closing remains at current levels, the continuation of the uptrend in the markets is expected. Following the recent correction, the BTC price has returned to its yearly high, which […]
COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

The volatility in the cryptocurrency markets continues, and <a href="https://en.coin-turk.com/bitcoin-price-surges-despite-bear-market-what-the-data-shows/”>Bitcoin has once again surpassed $37,400. This indicates the justified direction of the whales. If the daily closing remains at current levels, the continuation of the uptrend in the markets is expected. Following the recent correction, the BTC price has returned to its yearly high, which is promising for altcoins. So, which altcoins are attracting attention?

Contents
Altcoins That Whales Are BuyingFTT CoinXRP CoinAPE Coin

Altcoins That Whales Are Buying

Investors with large capital in the crypto market are referred to as whales, and the positions they take can influence the markets. This group, which is relatively more experienced, can take positions with higher success rates. So, which cryptocurrencies attracted attention with whale interest this week?

FTT Coin

The token of the bankrupt cryptocurrency exchange FTX, FTT, has experienced an increase of over 100%. The reason behind this impressive performance was the discussions of the bankruptcy committee with three buyers regarding the relaunch plans of the exchange. Additionally, the neutral response given by Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), regarding a possible takeover, further increased whale interest. Gensler stated that this could be possible within the framework of the law. However, there are many legal issues that need to be overcome, and we should not ignore the questions about whether FTT Token will continue to exist on the exchange. For now, let’s focus on the speculative demand, as we have examined this issue in detail.

The chart below shows that after Gensler’s comments on November 9, whales conducted 95 major transactions the next day. The increasing price and increasing whale activity are interpreted as buying, and according to IntoTheBlock data, whales reached the peak in terms of transaction intensity in 2023.

XRP Coin

The fake BlackRock news took the price to a local peak and then plunged from the top. Although the rapid decline is surprising, XRP Coin whales increased their balances by $60 million between November 12 and November 15. The price fluctuation does not seem to have hindered the demand.

APE Coin

Although most investors may have forgotten, there is still a metaverse altcoin called APE Coin, which is being traded on the Binance exchange. It generated a lot of hype when it was launched because it was supported by the largest player in the NFT field, creating big dreams. Then, as NFT volumes eroded by over 90%, NFT giants also shrank, and APE Coin was forgotten.

However, whales haven’t forgotten about it. Santiment data reveals that investors with balances between 1 million and 10 million APE Coins increased their holdings by 10 million tokens between October 26 and November 10.

Disclaimer: The information provided in this article does not constitute investment advice. Investors should be aware of the high volatility and associated risks of cryptocurrencies and should conduct their transactions based on their own research.
You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Trump’s Bold Accusations Shake Financial Markets

Trump’s Crypto Dinner Sparks Investigation Demands from Congress

FTX Begins Massive Payout to Creditors Surpassing $5 Billion

SEC Spurs RexShares to Innovate Staking ETFs

Trump Ignites the Crypto Market Drama Again

COINTURK NEWS 15 November, 2023 - 11:19 pm 15 November, 2023 - 11:19 pm
Share This Article
Facebook Twitter
Share
Previous Article Dogecoin Technical Analysis: Key Levels and Insights
Next Article Bitcoin and Ethereum: Current Outlook and Price Predictions
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

US Takes Major Step to Clarify Crypto Regulations with New Legislation
Cryptocurrency Law
Warren Buffett’s Bold Moves with Berkshire’s Portfolio Will Surprise You
Economy
Sharplink Gaming Boosts Crypto Holdings with Massive Ethereum Acquisition
Altcoin News
Trump’s Bold Accusations Shake Financial Markets
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?