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  • Rizwan Ansari
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    Crypto Whales Are Buying These Altcoins: LINK, ETH, DOGE, and SHIB on the Move

    Story Highlights
    • Whales quietly withdrawing LINK, ETH, DOGE, SHIB, and AAVE from Binance in bulk.

    • Heavy Binance outflows signal strong whale accumulation, reducing supply across several top altcoins.

    • Crypto analyst heatmap confirms outflows dominating inflows, pointing toward potential altcoin price breakout.

    • Altcoins moved to cold wallets become harder to sell, triggering the next altcoin rally.

    Something interesting is happening on Binance right now. Big whales are quietly moving large amounts of coins like LINK, ETH, DOGE, SHIB, and AAVE out of the exchange. This means they are buying and putting them into safe wallets, a sign they plan to hold for bigger gains.

    Does this mean that the altcoin rally is about to begin?

    Whales Moving Altcoins to Cold Wallets

    Crypto Patel’s latest charts reveal an interesting trend that many traders often miss. His Binance Altcoin Netflow chart shows a clear signal, major altcoins are seeing heavy outflows from Binance. On this chart, red bars represent coins flowing out, while green bars show inflows.

    Altcoins like LINK, ETH, DOGE, SHIB, and AAVE are topping the outflow list, hinting that whales are moving these coins into cold storage instead of leaving them on exchanges. Why does this matter? 

    When coins leave exchanges, there’s less supply ready to sell, which usually points to a possible price jump ahead. The idea is simple, less supply on the market can push prices higher if demand stays strong.

    Binance Heatmap Shows Strong Accumulation

    Meanwhile, Crypto Patel’s another chart of Binance Netflow Heatmap backs up the outflow trend. Looking closely at the green clusters, you can see that outflows have been dominating inflows over recent weeks, especially for the same altcoins that whales are pulling. 

    A green patch on this chart means more coins are leaving Binance than entering it. Patel points out that this is a classic accumulation signal. It shows that big holders are locking away coins for the long haul, likely betting on higher prices soon.

    Next Altcoin Rally Imminent? 

    However, this quiet buying phase started just after Bitcoin touched a new all-time high of $118,000, while other altcoins have also been showing steady growth. If whales continue moving coins off Binance and holding them tightly, many traders believe prices could jump quickly when fresh buyers arrive.

    For now, the charts suggest that smart investors are getting ready for something bigger, and that an altcoin rally might be just around the corner.

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    FAQs

    Why do whales move large amounts of crypto off exchanges?

    Whales move crypto to cold wallets to signal a long-term holding strategy, rather than immediate selling. This reduces the supply available on exchanges, which can lead to higher prices if demand remains strong or increases.

    What is a “cold wallet” in cryptocurrency?

    A “cold wallet” refers to offline cryptocurrency storage, such as hardware wallets or paper wallets, that are not connected to the internet. This method significantly enhances security by protecting assets from online hacking attempts and malware.

    Do these outflows suggest an altcoin rally is imminent?

    While not a guaranteed signal, these outflows, combined with Bitcoin’s new all-time high and steady growth in other altcoins, suggest that “smart investors are getting ready for something bigger,” hinting that an altcoin rally might be “just around the corner.”

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