Dogecoin

bullish

Shiba Inu

The crypto market is witnessing a surge of activity fueled by recent developments, including Donald Trump’s resounding victory in the November 5 presidential election. This bullish momentum, now entering its third week, is turning the spotlight on key altcoins. Dogecoin (DOGE), Ethereum (ETH), and Shiba Inu (SHIB) have become the focus of intense accumulation by crypto whales, signaling potential opportunities for investors. 
<a href="https://www.qubetics.com/?utm_source=TBJ&amp;utm_medium=postBANNER" target="_blank" rel="noopener nofollow"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-67567 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/Qubetics-is-728x90-1-3.jpg" alt="Whales Are Fighting Over These 3 Altcoins! = The Bit Journal" width="728" height="90" title="Whales Are Fighting Over These 3 Altcoins! 13"></a> 
<h2 id="dogecoin-a-whale-favorite-back-on-the-rise">Dogecoin: A Whale Favorite Back on the Rise</h2> 
Among the assets attracting whale interest, Dogecoin has emerged as a standout. Data from IntoTheBlock indicates that large holders’ net flow surged by 112% over the past seven days. This uptick highlights a notable rise in whale activity, suggesting increased confidence in the meme coin‘s potential. 
Whale accumulation has significantly reduced selling pressure, enabling more stable price growth. Analysts speculate that this wave of interest could drive Dogecoin to new heights. Historical patterns show that whale-driven inflows often precede substantial price increases, making DOGE one to watch in the coming weeks. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-71145 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/ITB_doge_large_holders_netflow_dogecoin_2024-11-22T11_55_46.017Z.png.webp" alt="Whales Are Fighting Over These 3 Altcoins! = The Bit Journal" width="1200" height="800" title="Whales Are Fighting Over These 3 Altcoins! 14"> 
<h2 id="ethereum-strengthened-by-whales-and-solid-fundamentals">Ethereum: Strengthened by Whales and Solid Fundamentals</h2> 
Ethereum, the leading altcoin, is also capturing whale attention. According to Santiment, wallets holding between 100,000 and 1,000,000 ETH accumulated a staggering 380,000 ETH in the last week—an investment worth approximately $1.27 billion at current prices. 
Currently trading at $3,342, Ethereum is poised for potential upward movement. Analysts predict that sustained whale activity could push the price beyond $3,500 in the near term. Long-term holders are maintaining their positions, reinforcing confidence in Ethereum’s market dynamics and future potential.<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-71147 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/Ethereum-ETH-12.42.38-22-Nov-2024.png-scaled.webp" alt="Whales Are Fighting Over These 3 Altcoins! = The Bit Journal" width="2560" height="867" title="Whales Are Fighting Over These 3 Altcoins! 15"> 
<h2 id="shiba-inu-a-rising-star-among-whale-portfolios">Shiba Inu: A Rising Star Among Whale Portfolios</h2> 
Shiba Inu is another token reclaiming its place in the spotlight. Recent on-chain data reveals that wallets holding 10,000 to 1,000,000 SHIB collectively increased their balance by an additional 2 billion SHIB over the past week. This demonstrates that whales see renewed value in the Shiba Inu ecosystem. 
Such accumulation trends could signal upward price momentum for SHIB. The growing interest from whales may also stimulate broader investor participation, further solidifying Shiba Inu’s position in the market.<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-71149 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/SHIBA-INU-SHIB-12.59.19-22-Nov-2024.png-scaled.webp" alt="Whales Are Fighting Over These 3 Altcoins! = The Bit Journal" width="2560" height="867" title="Whales Are Fighting Over These 3 Altcoins! 16"> 
<h2 id="whale-activity-reshaping-the-market">Whale Activity Reshaping the Market</h2> 
The intensified accumulation of Dogecoin, Ethereum, and Shiba Inu by whales underpins the broader <a href="https://thebitjournal.com/xrp-open-interest-signals-bullish-momentum/" target="_blank" rel="noopener">bullish trend</a> in the market. These moves not only drive prices but also bolster overall market confidence, creating compelling opportunities for both seasoned investors and newcomers alike. 
As The Bit Journal highlights, monitoring whale movements offers critical insights into the market’s future direction. With this surge in whale activity showing no signs of slowing down, the crypto market could be on the cusp of significant shifts. 
<h2 id="key-takeaways">Key Takeaways</h2> 
The recent surge in whale activity is reshaping the landscape for Dogecoin, Ethereum, and Shiba Inu. Whether you’re an experienced investor or new to the crypto space, tracking these trends could unlock substantial opportunities. Stay tuned to The Bit Journal for the latest updates on market dynamics. 
<ul> 
 <li><a href="https://twitter.com/Thebitjournal_" target="_blank" rel="noopener nofollow">https://twitter.com/Thebitjournal_</a></li> 
 <li><a href="https://www.linkedin.com/company/the-bit-journal/" target="_blank" rel="noopener nofollow">https://www.linkedin.com/company/the-bit-journal/</a></li> 
 <li><a href="https://t.me/thebitjournal" target="_blank" rel="noopener nofollow">https://t.me/thebitjournal</a></li> 
</ul> 
Follow us on Twitter and LinkedIn and join our Telegram channel to be instantly informed about&nbsp;breaking&nbsp;news!

Whales Are Fighting Over These 3 Altcoins!

Table of Contents

The Bit Journal

Other articles published on Nov 23, 2024

New Solana Memecoin Shiba Eats Pepe to Skyrocket 16,000% Before Exchange Listing, as Bonk and DOG...

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

New Name Rumored to Become SEC President Makes a Statement Regarding the Issue

Dark Defender Analyzes XRP’s Potential Price Surge to 18 Dollars

Why The Price Of XRP Could Soon Reach $10?

Dogecoin Price Pump Continues, Trader Maps DOGE’s Path to $0.82

Join our free newsletter for daily crypto updates!