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Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
Coin Edition 2025-01-06 07:22:40

Crypto Whales Target Altcoins: Volatility Risks to Smaller Investors

Crypto Whales Target Altcoins: Volatility Risks to Smaller Investors

Whales have taken long positions on WLD, DOGS, COTI, ARKM, ALICE, and DOT. WLD and DOT have shot up 26.25% and 88% in the last 90 days. Crypto Altcoin Season Index is valued at 55, in favor of altcoins. Altcoin whale activity is on the rise as whales increase their long positions in assets: Worldcoin (WLD), Polkadot (DOT), Arkham (ARKM), COTI (COTI), DOGS (DOGS), and My Neighbor Alice (ALICE). This raises the likelihood of volatility, especially when these positions are closed, for smaller investors. Understanding the Impact of Whale Positions Large investors, or “whales,” can significantly influence the price of altcoins. Their substantial holdings give them the power to trigger price swings, especially in less liquid markets. When whales open or close positions, it can create volatility and impact other traders. Whales are more positioned in longs than retail traders in the altcoins #WLD , #DOGS , #DOT , #COTI , #ARKM , and #ALICE . This indicates a higher likelihood of volatility, especially when these positions are closed. pic.twitter.com/neke867vLg — Hadri Derar (@HadriDerar) January 5, 2025 Read also : Altcoin vs. Bitcoin: What the 2025 Index Tel… The post Crypto Whales Target Altcoins: Volatility Risks to Smaller Investors appeared first on Coin Edition .

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24h Vol
55.82%
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586
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