Whales Abruptly Accumulate Over $346,000,000 Worth of Top-10 Altcoin in Just One Week, Says Analyst
A carefully adopted crypto analyst says that deep-pocketed traders are all of the sudden loading up one top-10 altcoin.
Crypto strategist Ali Martinez tells his 66,200 followers on the social media platform X that in the previous week, whales have scooped up large quantities 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 buying and selling for $7.77 at time of writing, up almost 2% in the final 24 hours.
Subsequent up, the analyst says that the Tom DeMark (TD) Sequential indicator – which merchants use to find out potential factors of reversal for an asset – is signaling a bounce for high 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 buying and selling for $0.123 at time of writing, down almost 3% in the final 24 hours.
Lastly, the analyst says the TD Sequential indicator can also be 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 buying and selling for $3,448 at time of writing, down 1.62% on the day.
Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox
Test Value Motion
Observe us on X, Facebook and Telegram
Surf The Every day Hodl Combine
 
Disclaimer: Opinions expressed at The Every day Hodl will not be funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses you could incur are your accountability. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please notice that The Every day Hodl participates in internet affiliate marketing.
Generated Picture: Midjourney
