Maker

Wrapped Bitcoin

Bitcoin

Chainlink

<h4>Hey there! I’m going to start by sending out love to all our followers in Israel. It’s been a tough couple of days, and we’re here for you guys. Now back to crypto. A lot of important macroeconomic events took place in September, including the Fed rate pause. </h4> 
And the approval of the <a href="https://www.altcoinbuzz.io/?s=Ethereum+Futures+ETF" target="_blank" rel="noopener">Ethereum Futures ETF</a>. Crypto whales capitalized on these events and have scooped up some altcoins for potential profits in October. Let’s look at some altcoins that whales have kept on their radar. 
<h5>1) Chainlink (LINK)</h5> 
<a href="https://chain.link/" target="_blank" rel="noopener">Chainlink</a>, with a 30% increase, was one of the top gainers in September in the top 20 crypto rankings. The key factors in LINK’s recent surge include a successful tokenization rehearsal with SWIFT and an uptick in the Real World Assets (RWA) sector. On-chain data shows that whales have remained interested in LINK over the past few weeks. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/Alphanomics_io?ref_src=twsrc%5Etfw">@Alphanomics_io</a> WOAH! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92f.png" alt="🤯" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 chainlink has been trending on Ethereum in the past 24 hours, per <a href="https://twitter.com/Alphanomics_io?ref_src=twsrc%5Etfw">@Alphanomics_io</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a7.png" alt="💧" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 This particular whale transacted 1580 usd of chainlink in the last 12 hrs <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/fJLkPa9Nlm">pic.twitter.com/fJLkPa9Nlm</a> 
 — imtiaz | Full Force <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a7.png" alt="💧" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@imtiaz7435) <a href="https://twitter.com/imtiaz7435/status/1711480217792032865?ref_src=twsrc%5Etfw">October 9, 2023</a>
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Data from the <a href="https://twitter.com/The_Tradeguru/status/1709867907914572070" target="_blank" rel="noopener">Into the Block</a> illustrates how, between September 17 and October 2, whale transactions increased from 30 to 218. A whale recently made a significant buy, purchasing 424,443 LINK tokens for $7.67, for a grand total of $3.25 million. Chainlink’s price immediately increased as a result of this sizable buy order. 
This recent purchase comes days after large purchases by the same entity. In the previous purchase, the whale bought 788,877 <a href="https://www.coingecko.com/en/coins/chainlink" target="_blank" rel="noopener">LINK</a>, representing an investment of $6 million at the price of $7.62.&nbsp; 
To make this transaction, the whale swapped 3,074 stETH, worth $5.87 million, as well as an additional 71 ETH, worth $136,000, for the LINK tokens. This large order also led to a price surge. 
<h5>More About Chainlink</h5> 
Such a consistent rise in whale activity is often positive for the price of an asset for a number of reasons. It increases market liquidity, making it possible for users in the spot market to carry out trades effectively. 
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 This whale spent $3.25M to buy 424,443 <a href="https://twitter.com/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LINK</a> again at a price of $7.67 an hour ago. 
 Which caused the price of <a href="https://twitter.com/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LINK</a> to increase again.<a href="https://t.co/pRCcK2tQAa">https://t.co/pRCcK2tQAa</a> <a href="https://t.co/VHe2CTrBTi">pic.twitter.com/VHe2CTrBTi</a> 
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1710880236202779019?ref_src=twsrc%5Etfw">October 8, 2023</a>
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Whale activities also inspire other strategic retail investors to keep an optimistic outlook on cryptocurrencies. 
The ongoing attention reflects Chainlink’s value proposition in the decentralized finance (<a href="https://www.altcoinbuzz.io/?s=defi" target="_blank" rel="noopener">DeFi</a>) market. Chainlink serves as a crucial link between smart contracts and real-world data. It ensures the smooth operation of DeFi platforms. 
Chainlink is a decentralized Oracle network. Whales’ continued interest in Chainlink demonstrates their belief in its potential. 
<h5>2) Maker (MKR)</h5> 
<a href="https://makerdao.com/es/" target="_blank" rel="noopener">Maker</a> is another significant cryptocurrency whose price benefited from a September macro event. Maker saw an influx of large transactions on September 20th. This was shortly after the US Fed announced a rate halt. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Crypto whales are making waves in the Bitcoin Cash market! On-chain data reveals an impressive $35M spent on purchasing 150K BCH over the past fortnight. Could this lead to another bullish rally? Time will tell! <a href="https://twitter.com/hashtag/BitcoinCash?src=hash&amp;ref_src=twsrc%5Etfw">#BitcoinCash</a> <a href="https://twitter.com/hashtag/CryptoWhales?src=hash&amp;ref_src=twsrc%5Etfw">#CryptoWhales</a> <a href="https://t.co/046sGvuZl2">pic.twitter.com/046sGvuZl2</a> 
 — Whales Finder (@WhalesFinder) <a href="https://twitter.com/WhalesFinder/status/1709626743168909509?ref_src=twsrc%5Etfw">October 4, 2023</a>
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The <a href="https://embed.santiment.net/chart?ps=bitcoin-cash&amp;pt=BCH&amp;df=2023-06-10T00%3A00%3A00.000Z&amp;dt=2023-10-03T00%3A00%3A00.000Z&amp;emcg=1&amp;wm=price_usd%3Bholders_distribution_combined_balance_100k_to_1M&amp;wax=1&amp;wc=%2326C953%3B%235275FF&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B" target="_blank" rel="noopener">chart</a> showing on your screen demonstrates that on September 19th, the Maker network only registered 9 confirmed whale transactions. However, that number has increased, reaching a 6-month high of 102 large transactions on October 2nd. It appears that whales turned to Maker for the appealing 8% DAI savings rate. 
<a href="https://www.coingecko.com/en/coins/maker" target="_blank" rel="noopener">MKR</a> recently saw a price slump. But whales took this time to increase their accumulation. Data from Lookonchain shows that a whale made large MKR transactions last week. The whale purchased about 1,750 MKR, worth $2.5 million, at an average price of $1,429. 
The next Fed meeting will take place on November 1st. So, the bullish MKR whales have enough time to push the price even higher in October. 
<h5>3) Wrapped Bitcoin (WBTC)</h5> 
Santiment claims that whales have turned their attention to <a href="https://www.coingecko.com/en/coins/wrapped-bitcoin" target="_blank" rel="noopener">Wrapped Bitcoin (WBTC)</a>. Data shows that there have been more large WBTC transactions than ever since March. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f7e0.png" alt="🟠" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/hashtag/Facts?src=hash&amp;ref_src=twsrc%5Etfw">#Facts</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f7e0.png" alt="🟠" class="wp-smiley" style="height: 1em; max-height: 1em;"> Wrapped Bitcoin (<a href="https://twitter.com/hashtag/WBTC?src=hash&amp;ref_src=twsrc%5Etfw">#WBTC</a>), which is the version of Bitcoin on the <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw">#Ethereum</a> network, is at the highest level since March in big whale transactions worth over $ 1 million, showing the highest network growth rate in WBTC since July…<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9e1.png" alt="🧡" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://t.co/LBwBhBf4As">pic.twitter.com/LBwBhBf4As</a> 
 — All Facts Crypto (@AllFactsCrypto) <a href="https://twitter.com/AllFactsCrypto/status/1710598102917271923?ref_src=twsrc%5Etfw">October 7, 2023</a>
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Santiment revealed that WBTC whale transfers above $1 million are increasing at their fastest rate since March. In addition to that, WBTC experienced its strongest network expansion since July and a rise in new wallets holding 1–1,000 WBTC. 
Which of these altcoins seem likely to be in your portfolio? 
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WHY Crypto Whales Are Buying These 3 Altcoins!

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