Spotting early accumulation activity before a price rally is a challenge for crypto traders. The risk is that even whales that accumulate early cannot always predict the next move.
However, as market sentiment around altcoins improves, several tokens show exchange reserves hitting new lows. This trend could be a positive sign in the current market context.
1. Pepe (PEPE)
SponsoredPEPE benefits from being an Ethereum-based meme coin at a time when ETH is delivering the strongest market performance.
Despite this, PEPE’s price has not pumped as strongly as expected. Technical analysts observe that its price action has been narrowing within a large symmetrical triangle pattern stretching from the start of the year until now.
PEPE needs a strong catalyst to break above this resistance and rally. Santiment data suggests potential momentum for such a breakout.
In September, PEPE’s exchange supply dropped to a yearly low of 93.8 trillion. Charts indicate that exchange reserves have steadily declined since the start of 2025.
Additionally, PEPE’s exchange trading volume exceeded $6 billion last week, more than double the previous week.
SponsoredFalling reserves combined with rising trading volume indicate a favorable setup for a bullish price scenario.
2. Jasmy (JASMY)
Jasmy gains momentum as the robotics sector receives increasingly positive forecasts.
CoinMarketCap data shows that JASMY holders have grown from 86,000 to over 96,000 since the beginning of 2025.
Santiment data also reveals that JASMY’s exchange reserves hit a one-year low of 10.1 billion in September. Charts highlight a persistent downtrend in reserves that lasted for a year.
SponsoredDespite these bullish signals, JASMY’s price remains stuck below $0.02.
CryptoMobese, a market analyst, predicts JASMY could soon exit its narrow trading range, enter a five-wave rally, and potentially reach above $0.30.
3. The Sandbox (SAND)
SAND’s price has also tightened within a triangle formation, a setup closely watched by technical traders anticipating a breakout.
SponsoredA bullish sign emerged in September as exchange reserves dropped near yearly lows. In this quarter alone, around 850 million SAND left exchanges.
This trend may reflect growing demand from players to withdraw tokens for use within the metaverse ecosystem.
At the same time, Sandbox announced positive news in September by launching Alpha Season 6 with a prize pool of 250,000 SAND. The event could attract more players, energize the ecosystem, and spark a price breakout.
These three altcoins represent another side of altcoin season. Many tokens have yet to showcase their performance, but accumulation patterns suggest that investors may already be preparing for the next move.