3 Altcoin Crypto Whales Are Buying For the 3rd Week of May
BeInCrypto
On-chain data reveals significant whale accumulation in Ethereum, Zcash, and Hyperliquid, signaling strategic positioning by large investors for the third week of May.Summary
On-chain analysis from Lookonchain identifies three major whale movements involving Ethereum (ETH), Zcash (ZEC), and Hyperliquid (HYPE). An ETH whale is accumulating spot holdings at key channel support, while a Zcash trader has opened a high-leverage 10x long position. Simultaneously, a wallet linked to a16z continues long-term accumulation of HYPE. These activities provide insights into critical price levels being defended by institutional and large-scale players.
(Source：BeInCrypto)