In line with this, BeInCrypto has analysed three altcoins that the whales have been buying over the past 24 hours.
Tutorial (TUT)
TUT EXPLODES: Up 17.68% in 24 Hours!
Whales are loading up on TUT, fueling a massive price surge. Is this the start of a major bull run for this altcoin? All eyes are on TUT as investor confidence hits fever pitch.
TUT Whales Just Devoured $2.4M Worth! A feeding frenzy of epic proportions just hit the TUT market! In the last 24 hours, deep-pocketed investors (we’re talking TUT whales!) snapped up a staggering 30 million TUT, signaling massive confidence ahead of a potentially game-changing report expected this week. Is this the calm before a TUT-powered storm?
Such behavior reinforces the bullish outlook for the altcoin, indicating increased confidence among large holders.
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TUT Whale Holdings. Source: Nansen
TUT teeters on the brink of a breakout, currently flirting with $0.072. The bulls are eyeing $0.080 as the key to unlock the next surge. Blast through that ceiling, and watch investor confidence ignite. A successful breach could unleash a wave of buying pressure, transforming tentative interest into a full-blown bullish rally.
Pudgy Penguins (PENGU)
PENGU Price Soars as Whales Amass $16.8M in 24 Hours
Forget pebbles on the beach – crypto whales are scooping up PENGU by the truckload. A feeding frenzy saw these deeppocketed investors accumulate a staggering 400 million PENGU in just 24 hours, driving demand and sending its value skyward. Are you ready to ride the wave?
A surge of whale-sized buys is lighting up the altcoin market, hinting at a bullish stampede just around the corner. Get ready, the altcoin is primed for liftoff.
PENGU soars on a whale-sized wave! A massive accumulation has fueled a 17% surge, catapulting PENGU to $0.043. All eyes are on the prize as PENGU closes in on its $0.0469 all-time high. Will it break through? The momentum suggests a resounding YES, potentially unlocking even greater heights. Buckle up, PENGU is ready to fly!
PENGU Whale Holdings. Source: Nansen
But beware! Should the market winds turn bearish, PENGU’s ascent could be brutally halted. Breaching the $0.040 bulwark spells trouble, potentially triggering a chilling descent towards the $0.0299 abyss.
This would invalidate the bullish outlook, suggesting caution for potential investors.
Pendle (PENDLE)
PENDLE: Primed for liftoff? A 5% surge in the last 24 hours has ignited speculation, hinting at a potential bull run. Whales are loading up, but the big boom is still on hold. Is PENDLE about to explode, or is this just the calm before the storm?
If buying pressure continues, the cryptocurrency could see a sustained rally in the near future.
Whale alert! A feeding frenzy hit the PENDLE market as deep-pocketed investors scooped up a staggering 30,000+ tokens in the last 24 hours. This $133,200 power play suggests the big players are loading up, signaling a possible tidal wave of bullish momentum for PENDLE. Is this the calm before the storm?
Should the demand from these whales increase, PENDLE may see its price continue to rise in the coming days.
PENDLE Whale Holdings. Source: Nansen
PENDLE is treading a fine line. Whales are circling, and if they choose to cash out their vast holdings, PENDLE’s price could plummet. The $4.21 support level is now the last line of defense. Breach it, and brace for impact – a swift descent from its current $4.43 to a chilling $3.90.
This bearish scenario would suggest a shift in investor sentiment, weakening the altcoin’s short-term outlook.
Thanks for reading What Crypto Whales are Buying Ahead of the White House Crypto Report
