Heads Up – Whales Are Dumping These 2 Altcoins in December and Quietly Buying One That’s Already Pumped 2000%!
The post Heads Up – Whales Are Dumping These 2 Altcoins in December and Quietly Buying One That’s Already Pumped 2000%! appeared on BitcoinEthereumNews.com.
The crypto market is full of surprises, and December is proving to be no exception. While many retail investors follow hype, crypto whales—the biggest and smartest players in the market—are making moves that signal a shift in where the real opportunities lie. Recent data shows that whales are offloading two major altcoins, causing concerns for holders. However, behind the scenes, they are quietly accumulating a high-growth crypto that has already surged 2000%. That project is Lightchain AI, a next-generation blockchain that is redefining innovation. With its presale already raising over $15.3 million at just $0.006 per token, investors are taking notice. Which Altcoins Are Whales Dumping and Why? Recent on-chain data shows that whales—large cryptocurrency holders—are selling off several altcoins. Tokens like Worldcoin (WLD), Movement (MOVE), Maker (MKR), staked Ethereum (stETH), Mantra (OM), and Reserve Rights (RSR) have seen increased deposits to exchanges, signaling potential sell-offs. For example, 0.21% of WLD’s supply and 0.20% of stETH’s supply were sent to Bybit, while 0.20% of OM and 0.14% of RSR were moved to Binance. For Chainlink (LINK), whales have sold about 23 million tokens since December 19, 2024, pushing its price below $20. This selling has slowed LINK’s recovery, with strong resistance near $22. Whales may be reallocating funds into assets with higher perceived potential, reacting to market trends, or taking profits after price surges. Such sell-offs often increase volatility and affect altcoin valuations, making it important for investors to monitor these movements closely. Why Whales Are Accumulating Lightchain AI As investors shift focus from weaker projects, Lightchain AI has emerged as a leading option for accumulation. Its advanced parallelized architecture enables multiple AI tasks to run simultaneously, significantly reducing latency and enhancing performance. A key feature of Lightchain AI is its Cross-Chain Compatibility, which facilitates seamless interoperability across multiple blockchain…
Filed under: News - @ February 9, 2025 7:09 am