Crypto Whales Target Altcoins: Volatility Risks to Smaller Investors
- Whales have taken long positions on WLD, DOGS, COTI, ARKM, ALICE, and DOT.
- WLD and DOT have shot up 26.25% and 88% in the last 90 days.
- Crypto Altcoin Season Index is valued at 55, in favor of altcoins.
Altcoin whale activity is on the rise as whales increase their long positions in assets: Worldcoin (WLD), Polkadot (DOT), Arkham (ARKM), COTI (COTI), DOGS (DOGS), and My Neighbor Alice (ALICE). This raises the likelihood of volatility, especially when these positions are closed, for smaller investors.
Understanding the Impact of Whale Positions
Large investors, or “whales,” can significantly influence the price of altcoins. Their substantial holdings give them the power to trigger price swings, especially in less liquid markets. When whales open or close positions, it can create volatility and impact other traders.
— Hadri Derar (@HadriDerar) January 5, 2025
Whales are more positioned in longs than retail traders in the altcoins #WLD, #DOGS, #DOT, #COTI, #ARKM, and #ALICE. This indicates a higher likelihood of volatility, especially when these positions are closed. pic.twitter.com/neke867vLg
Read also: Altcoin vs. Bitcoin: What the 2025 Index Tel…
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Crypto Whales Target Altcoins: Volatility Risks to Smaller Investors
- Whales have taken long positions on WLD, DOGS, COTI, ARKM, ALICE, and DOT.
- WLD and DOT have shot up 26.25% and 88% in the last 90 days.
- Crypto Altcoin Season Index is valued at 55, in favor of altcoins.
Altcoin whale activity is on the rise as whales increase their long positions in assets: Worldcoin (WLD), Polkadot (DOT), Arkham (ARKM), COTI (COTI), DOGS (DOGS), and My Neighbor Alice (ALICE). This raises the likelihood of volatility, especially when these positions are closed, for smaller investors.
Understanding the Impact of Whale Positions
Large investors, or “whales,” can significantly influence the price of altcoins. Their substantial holdings give them the power to trigger price swings, especially in less liquid markets. When whales open or close positions, it can create volatility and impact other traders.
— Hadri Derar (@HadriDerar) January 5, 2025
Read also: Altcoin vs. Bitcoin: What the 2025 Index Tel…
The post Crypto Whales Target Altcoins: Volatility Risks to Smaller Investors appeared first on Coin Edition.
Read More
WorldCoin ($WLD) Price Prediction for May 24: Bulls Eye $1.73 as Rally Cools Below Key Resistance