A wallet holding more than $21M in assets has been aggressively accumulating altcoins through OTC deals today, signaling growing confidence in the market.
The whale acquired 71,235 $SOL ($5.56M), 3.913M $WIF ($623.6K), 230,015 $TRUMP ($370.3K), 9.759B $BONK, and 769,706 $MELANIA.
This follows a series of similar whale accumulation events seen over the past few days.
Only 2 Days Until the $PUMP Token Unlock. Can Pump will Rise 4x
The major $PUMP token unlock is now just 2 days away, making it one of the most closely watched events this week.
Despite generating impressive daily revenue, many traders believe $PUMP 's current valuation doesn't fully reflect the strength of the project. At the same time,
the upcoming unlock could introduce additional supply and increase short-term volatility.
On-chain activity shows fresh accumulation returning to $LAB , with PancakeSwap Vault recording an inflow of 2.18M LAB worth approximately $2.65M, over the last 1 hour.
Several other wallets also added to their $LAB holdings during the same period, suggesting that accumulation remains active despite recent volatility.
A newly created wallet, active for just 17 hours, has accumulated 13.65M $BSB worth approximately $2 million, buying into the recent price dip.
Interestingly, the funding appears to have come through an internal transfer, although it has not yet been confirmed whether the wallet belongs to an exchange, a team wallet, or a large investor.
Fresh wallets making multi-million-dollar purchases during market weakness are always worth watching. If this accumulation continues, it could signal growing confidence in $BSB at current levels.
On-chain data shows that Gate.io Hot Wallet and MEXC Hot Wallet have been consistent sellers of $EVAA over the past 24 hours, making them two of the largest exchange outflows during this period.
The sustained selling activity suggests ongoing distribution from exchange wallets, which could weigh on $EVAA in the short term if the trend continues.
Another 230,000 $LAB , valued at nearly $290K, has been withdrawn from KuCoin, extending the recent trend of exchange outflows.
Consistent withdrawals of $LAB from centralized exchanges often indicate accumulation, as investors move tokens into private wallets rather than leaving them available for immediate trading.
If this trend persists, $LAB could see a tightening liquid supply in the market.
On-chain data shows OKX Hot Wallets have been actively accumulating $ALLO , while Gate's Hot and Cold Wallets have remained unchanged over the last 24 hours.
At the same time, whale holdings of $ALLO have increased by 9% in the past 24 hours, suggesting strong accumulation from large players.
If this trend continues, $ALLO could attract increased market attention in the coming sessions.