Accumulate

Gold

PEPE

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/whales-accumulate-altcoins-before-market-drop/" data-wpel-link="internal">Whales Accumulate Altcoins Before Market Drop</a><br></p>
<p style="text-align: justify">Recent <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data shows</a> whales are accumulating. This data was before <strong>BTC</strong> dropped more than $2,000. We mentioned on Sunday that US data would trigger volatility today. It happened, and even Gold dropped by 3%. So, which altcoins were whales accumulating before all this happened?</p> 
<h2 style="text-align: justify" id="cardano-ada">Cardano (ADA)</h2> 
<p style="text-align: justify">According to Santiment data, the top altcoin attracting whale interest is <strong><a href="https://en.coin-turk.com/cardano-continues-to-impress-in-blockchain-development-activity/" data-wpel-link="internal">ADA</a> Coin</strong>. It is still possible to buy ADA below $0.5, and there was a rapid increase in prices today for transactions over $100,000. While whale transactions were stagnant towards the end of May, they increased at the beginning of June, leading to a 5% price rise.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-360326 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/ada-coin-balina-haziran.png" alt="" width="1920" height="633"></p> 
<h2 style="text-align: justify" id="shiba-coin-whales">SHIBA Coin Whales</h2> 
<p style="text-align: justify">PEPE and SHIB prices sometimes move in sync, and whale activity here may be related to the rise of <strong>PEPE Coin</strong>. There is also potential for profit sales to turn into PEPE Coin entries. The following graph shows Shiba Inu’s price dropping towards the end of May and whale transactions decreasing.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-360327 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/shiba-coin-balina-haziran.png" alt="" width="1920" height="638"></p> 
<p style="text-align: justify">In June, the situation reversed, and the <strong>SHIB price</strong> nearly doubled the whale transactions from May 31 to June 6. Although the price increased by 5% during this period, we see an 11% drop as of the time of writing. Whales likely started to flee as BTC’s price fell below $69,000.</p> 
<h2 style="text-align: justify" id="jasmy-coin">JASMY Coin</h2> 
<p style="text-align: justify">It was one of the altcoins we’ve been highlighting for a few weeks. Analysts also thought there could be significant price fluctuations. Indeed, after May 31, the price increased by 48% in the new month. The token lingered near its all-time high of $0.0425 recorded on Tuesday.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-360328 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/jasmy-coin-balina-.png" alt="" width="1920" height="637"></p> 
<p style="text-align: justify"><strong>Bitcoin</strong> was above $71,000, with 98.37% of <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> waiting profitably. This makes today’s rapid drop following the new data understandable. Already profitable investors can easily sell, anticipating pullbacks where they can buy again at cost. Let’s hope a major nightmare doesn’t start when the ETF data arrives in a few hours.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/whales-accumulate-altcoins-before-market-drop/" data-wpel-link="internal">Whales Accumulate Altcoins Before Market Drop</a></h5>

Whales Accumulate Altcoins Before Market Drop

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