Bitcoin’s steady decline this week, culminating in its dip below the critical $110,000 level yesterday, has severely dampened broader market sentiment.
The pullback has gradually pushed many altcoins to multi-week lows, creating strategic accumulation opportunities for large investors. Amid this, crypto whales have been buying select altcoins, signaling renewed confidence in specific tokens. This piece examines some of them.
World Liberty Financial (WLFI)
SponsoredDonald Trump-linked WLFI is one of the key altcoins attracting whale interest this week. This comes amid the 13% dip in the altcoin’s value over the past seven days.
According to on-chain data from Santiment, whale addresses holding between 1 million and 10 million WLFI tokens have increased their holdings by 26.72 million during the week under review.
Today, World Liberty Finance announced that its team will implement a token buyback and burn mechanism this week. If this move also sparks renewed bullish momentum, combined with the recent uptick in whale demand, WLFI’s price could rise to $0.2059.
Conversely, if demand wanes, the token could see a pullback toward $0.1814.
SponsoredPEPE
Solana-based meme coin PEPE has also seen significant interest from crypto whales.
According to Nansen, large investors holding more PEPE tokens worth more than $1 million have increased their supply by 1.36%, taking advantage of broader market weakness to build positions.
This accumulation reflects growing confidence among high-net-worth investors, who view the current market dip as a strategic entry point.
SponsoredSustained whale activity could support further gains for PEPE and drive its price upward to $0.00000984.
On the other hand, a slowdown in whale buying may leave the token vulnerable to further short-term declines. In this scenario, its price could plunge to $0.00000830.
Polygon Ecosystem Token (POL)
POL’s price has dwindled 16% in the past seven days. Amid this dip, large wallet addresses holding between 100,000 and 1 million tokens are actively accumulating the altcoin, capitalizing on lower price levels across the broader crypto market.
SponsoredPer Santiment, during the week in review, the supply of this investor cohort has gone up 220,000 POL tokens.
This trend suggests that POL whales are taking advantage of its lackluster performance and positioning ahead of anticipated market recovery.
If accumulation persists, POL could reverse its downtrend and climb to $0.2308.
However, renewed selloffs could push the token’s price toward $0.1092.
