Crypto Whales Bought These Altcoins in the Second Week of December 2024
In Brief
- Crypto whales bought $35 million in AAVE, boosting its price by 42% in a week. Continued buying could push it higher, barring profit-taking.
- Whale purchases of 6.30 million VIRTUAL fueled a rally to a new all-time high. The altcoin’s price could surpass $2.30 if buying persists.
- ONDO’s 17% price gain follows 7.34 million tokens accumulated by whales. Sustained demand could lift it above $2, but selling risks losses.
This week, the altcoins crypto whales accumulated experienced significant price jumps. However, observed that it appears that these whales’ strategies have changed from what they accumulated in previous weeks.
In this analysis, we reveal some of the top altcoins crypto whales bought in the second week of December 2024.
Aave (AAVE)
AAVE, the token of the decentralized lending and borrowing platform, tops the list of the altcoins accumulated by crypto whales this week. Data from IntoTheBlock shows AAVE’s large holders’ netflow, a metric tracking whale activity, stood at just under 4,000 on December 11.
As of this writing, that figure has climbed to 87,860, indicating that crypto whales increased their exposure to the DeFi token. At the altcoin’s current value, this accumulation indicates that whales bought about $35 million worth of the token.
This purchase seems to have influenced AAVE’s price, which has risen by 42% over the past seven days, now trading at $370.34. In addition to whale activity, the price surge may be connected to Donald Trump’s crypto project reportedly acquiring the altcoin.
Should whales continue to buy, then AAVE’s value might continue to rise. However, if selling pressure comes into play, that might change, and it could lose some of its gains.
Get to know Godleak
Godleak crypto signal is a service which provide profitable crypto and forex signals for trading. Godleak tried to provide you signals of best crypto vip channels in the world.
It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.
Godleak crypto leak service have multiple advantages in comparision with other services:
- Providing signal of +160 best crypto vip channels in the world
- Using high tech bot to forward signals
- Without even a second of delay
- Joining in +160 separated channels on telegram
- 1 month, 3 months , 6 months and yearly plans
- Also we have trial to test our services before you pay for anything
For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features
Join for Free
☟☟☟☟☟
https://t.me/Godleakbot
Also you can check the list of available vip signal channels in the bot. by pressing Channels button.
 
Virtuals Protocol (VIRTUAL)
VIRTUAL, the native token of the AI protocol built on the Base chain, is also one of the altcoins crypto whales bought this week.
According to Santiment, addresses holding between 100 million and 1 billion VIRTUAL tokens accumulated a lot of the altcoin. For instance, yesterday, December 12, the balance held by these addresses was 145,000 tokens.
Today, that number has increased to 6.44 million, indicating that crypt whales purchased about 6.30 million VIRTUAL tokens, valued at nearly 15 million. As a result, VIRTUAL’s price reached a new all-time high, with its trading volume exceeding $220 million.
If this trend continues, the altcoin’s value could rise above $2.30. However, if profit-taking increases, the trend might reverse.
Ondo (ONDO)
On today’s list of altcoins crypto whales bought is ONDO, the token with fundamentals in Real World Assets (RWA) tokenization. This week, on-chain data from IntoTheBlock showed that whales’ accumulation of ONDO climbed by 7.34 million
As a result of this buying pressure, ONDO’s price gained 17% this week. If crypto whales continue to purchase the altcoin, then the value could rise above $2.
This could also be the case if other large institutions buy. However, if these key stakeholders reduce their positions, this might change. In that scenario, ONDO could drop below the $1 mark.
