Crypto Whales Are Buying These 4 Altcoins in the Current Market Crash

Eric Trump, the Executive Vice President of the Trump Organization, recently shared a post on X, suggesting that now is a great time to add Ethereum (ETH) to your portfolio. This has fueled increased calls for an upcoming altseason. The ETH/BTC pair has also recently retested a key multi-year support level around 0.023, indicating that a rebound could be on the horizon.

Crypto analyst Benjamin Vowen also believes that the Federal Reserve will soon begin Quantitative Easing (QE), a move that could further boost the U.S. economy and, in turn, the crypto market.

Let’s dive into the details.

Top Altcoins With High Whale Activity

Floki (FLOKI)

Floki (FLOKI), a popular memecoin listed on major exchanges, has seen a huge increase in whale activity this week. According to data from Santiment, whale activity has grown 4x compared to last week.

With a fully diluted valuation of about $994 million and an average 24-hour trading volume of $273 million, FLOKI is retesting an important support level in an uptrend. This makes it a coin to keep an eye on as altseason nears.

Chainlink (LINK)

Chainlink (LINK) is attracting more whale investors, especially after gaining support from World Liberty Financial (WLFI), backed by Donald Trump Donald Trump   Donald J. Trump is a US-based entrepreneur, Pro-crypto Politician, and the 45th and 47th President of the United States of America. He understands the importance and needs of the modern fintech world, and people look up to him as a dominant pro-crypto leader.   Quick Facts   Full name Donald John Trump Birth 14-06-1946, New York, United States Nationality American Education BS from the University of Pennsylvania Known For Businessman, Pro-Crypto Politician   Once doubtful about Bitcoindominance, he said in a tweet in 2019, “I am not a fan of Bitcoin", but now has a significant amount of cryptocurrency holdings in his kitty. He has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which highlights his commitment to the future of cryptocurrency.   Donald Trump - Career Highlights & Events   2016 – Elected as the 45th President of the United States from the Republican Party.   2017 – Signed the Tax Cuts and Jobs Act, impacting investment environments   2019 – Criticized Bitcoin and Libra on X, dubbing them as "not money"   2024 – Campaign signals potential openness to crypto-friendly reforms   2025 –  Elected as the 47th President of the United States from the Republican Party.   A meme coin, $TRUMP, is associated with Donald Trump, which is listed on the Solana blockchain platform. His family also backs World Liberty Financial (WLF), a crypto venture.     President With a fully diluted valuation of around $19.6 billion and a 24-hour average trading volume of $1.2 billion, LINK has been forming a bullish pattern over the past few weeks.

Santiment’s on-chain data shows that LINK has experienced its highest whale activity in 14 months, with around 1,659 transactions involving $100k or more recently recorded. This surge in whale interest signals strong confidence in LINK’s potential.

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Aave (AAVE)

Amid the ongoing crypto correction, AAVE has recorded a 4x rise in whale activity compared to last week, according to on-chain data analysis from Santiment. The mid-cap altcoin, with a fully diluted valuation of about $4.3 billion and a daily average trading volume of about $843 million, has been forming a bullish pennant.

Already in a rising trend, AAVE’s price is well-positioned to retest its all-time high in the near future.

Sky (SKY) and USDS

The USDS (USDS) project, which has a market capitalization of around $7.3 billion, is gaining attention as a key financial tool, especially with the growing adoption of decentralized stablecoins. Additionally, Sky (SKY), which evolved from Maker (MKR), has seen a 4x rise in whale activity over the past few days. As decentralized finance continues to grow, both of these projects are well-positioned to benefit.

With key players showing momentum, the next few weeks could be crucial for altcoin investors.