Ethereum

Cardano

bullish

Avalanche

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<p dir="ltr">The market recovery at this time is fueled by many factors, including large transactions from whale investors. While most digital currencies are in rebound mode after intensive sell-offs from yesterday, the trio of Ethereum (ETH), Cardano (ADA), Avalanche (AVAX) and general altcoins have printed massive&nbsp;<a href="https://u.today/shiba-inu-skyrockets-588-in-whale-activity-as-9-trillion-shib-transacted">whale transaction</a> booms in the past 24 hours.</p>
<h2 id="whale-validation-for-eth-ada-and-avax">Whale validation for ETH, ADA and AVAX</h2>
<p dir="ltr"><a href="https://app.intotheblock.com/coin/ETH/deep-dive?group=financials&amp;chart=largeTransactions">According</a> to data insights from crypto analytics platform IntoTheBlock (ITB), Ethereum (ETH) has jumped by 320.84% in large transactions with a total of $19.37 billion traded within this time span. For transactions worth $100,000 and above, Ethereum conducted close to 17,000 within the 24 hour time span with over 8.04 million ETH shuffled.</p>
<p dir="ltr">Cardano even has a more visible uptick in this regard. Known historically to welcome large whale transactions, Cardano saw 188% growth in this metric with over $11.94 billion in value traded. For ADA, a total of 38.36 billion coins are featured in this regard, marked by 8,670 transactions overnight.</p>
<p dir="ltr">Avalanche was not sidelined in the whale transaction push,&nbsp;<a href="https://app.intotheblock.com/coin/AVAX/deep-dive?group=financials&amp;chart=largeTransactions">scoring</a> growth of 156.48% in 24 hours overall. With a traded volume of $241.45 million and 12.47 million in AVAX terms, the intrigue surrounding altcoin in this recovery push is worth acknowledging.</p>
<h2 id="what-s-next-for-altcoins">What's next for altcoins</h2>
<p dir="ltr">With the whale transaction boost, there might be a sustained recovery in the price of Ethereum, Cardano and Avalanche after intensive&nbsp;<a href="https://u.today/worst-day-in-2024-bitcoin-btc-obliterated-with-10000-move-ethereum-eth-in-freefall-shiba-inu-shib">sell-offs</a>.</p>
<p dir="ltr">Ethereum has jumped by 5.46% in 24 hours to $2,462.02. Cardano has printed a 13.1% rally to $0.3259 and Avalanche has soared by over 14.39% to $20.50. If sustained, the price of these altcoins may completely pare off the losses accrued over the past week on this bullish sentiment.</p>
<p>The bullish anchor from&nbsp;<a href="https://u.today/bitcoin-btc-price-to-explode-if-this-happens">Bitcoin</a> is also helping to sustain these rallies, setting the broader altcoin ecosystem up for more success.</p>

ETH, ADA and AVAX Print Unusual Triple-Digit Whale Transaction Surge

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