Whales Abruptly Accumulate Over $346,000,000 Worth of Top-10 Altcoin in Just One Week, Says Analyst
A closely followed crypto analyst says that deep-pocketed investors are suddenly loading up one top-10 altcoin.
Crypto strategist Ali Martinez tells his 66,200 followers on the social media platform X that in the past week, whales have scooped up massive amounts of the native token of layer-1 blockchain Toncoin (TON).
“Whales have bought more than 45 million Toncoin over the past week, worth around $346.5 million!”
Toncoin is trading for $7.77 at time of writing, up nearly 2% in the last 24 hours.
Next up, the analyst says that the Tom DeMark (TD) Sequential indicator – which traders use to determine potential points of reversal for an asset – is signaling a bounce for top memecoin Dogecoin (DOGE).
“The TD Sequential presents a buy signal on the Dogecoin three-day chart, predicting a rebound of one to four candlesticks for DOGE!”
DOGE is trading for $0.123 at time of writing, down nearly 3% in the last 24 hours.
Lastly, the analyst says the TD Sequential indicator is also signaling bullishness for Ethereum (ETH).
“The TD Sequential presents a buy signal on the Ethereum three-day chart, predicting a rebound of one to four candlesticks for ETH!”
Ethereum is trading for $3,448 at time of writing, down 1.62% on the day.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
The post Whales Abruptly Accumulate Over $346,000,000 Worth of Top-10 Altcoin in Just One Week, Says Analyst appeared first on The Daily Hodl.
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Whales Abruptly Accumulate Over $346,000,000 Worth of Top-10 Altcoin in Just One Week, Says Analyst
A closely followed crypto analyst says that deep-pocketed investors are suddenly loading up one top-10 altcoin.
Crypto strategist Ali Martinez tells his 66,200 followers on the social media platform X that in the past week, whales have scooped up massive amounts of the native token of layer-1 blockchain Toncoin (TON).
“Whales have bought more than 45 million Toncoin over the past week, worth around $346.5 million!”
Toncoin is trading for $7.77 at time of writing, up nearly 2% in the last 24 hours.
Next up, the analyst says that the Tom DeMark (TD) Sequential indicator – which traders use to determine potential points of reversal for an asset – is signaling a bounce for top memecoin Dogecoin (DOGE).
“The TD Sequential presents a buy signal on the Dogecoin three-day chart, predicting a rebound of one to four candlesticks for DOGE!”
DOGE is trading for $0.123 at time of writing, down nearly 3% in the last 24 hours.
Lastly, the analyst says the TD Sequential indicator is also signaling bullishness for Ethereum (ETH).
“The TD Sequential presents a buy signal on the Ethereum three-day chart, predicting a rebound of one to four candlesticks for ETH!”
Ethereum is trading for $3,448 at time of writing, down 1.62% on the day.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
The post Whales Abruptly Accumulate Over $346,000,000 Worth of Top-10 Altcoin in Just One Week, Says Analyst appeared first on The Daily Hodl.
Read More