Aave

Shift

bullish

Virtuals Protocol

This week, crypto whales have set their sights on three standout altcoins, driving significant price surges. Unlike previous weeks, these new targets reveal a notable shift in whale strategies. Here’s a deep dive into why AAVE and two other altcoins are commanding attention in the second week of December 2024. 
<a href="https://www.qubetics.com/?utm_source=TBJ&amp;utm_medium=postBANNER" target="_blank" rel="noopener nofollow"><img loading="lazy" decoding="async" class="size-full wp-image-67567 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/Qubetics-is-728x90-1-3.jpg" alt="Whales Shift Focus: AAVE and Two Other Altcoins in the Spotlight = The Bit Journal" width="728" height="90" title="Whales Shift Focus: AAVE and Two Other Altcoins in the Spotlight 45" srcset="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/Qubetics-is-728x90-1-3.jpg 728w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/Qubetics-is-728x90-1-3-300x37.jpg 300w" sizes="(max-width: 728px) 100vw, 728px"></a> 
<h2 id="aave-aave-the-rising-defi-star">Aave (AAVE): The Rising DeFi Star</h2> 
Aave, a leader in the decentralized finance (DeFi) sector, has emerged as a favorite among whales. According to IntoTheBlock data, AAVE’s large investor net flow skyrocketed from just 4,000 tokens on December 11 to an astounding 87,860 tokens. 
This translates to approximately $35 million in AAVE purchases, propelling its price up by 42% to $370. Reports suggesting that Donald Trump’s crypto initiative acquired AAVE further fueled this bullish trend. If this momentum persists, AAVE’s value could climb even higher. However, increased selling pressure may lead to a partial retracement of gains. 
<img loading="lazy" decoding="async" class="size-full wp-image-76484 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/aave-2.webp" alt="Whales Shift Focus: AAVE and Two Other Altcoins in the Spotlight = The Bit Journal" width="1200" height="800" title="Whales Shift Focus: AAVE and Two Other Altcoins in the Spotlight 46" srcset="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/aave-2.webp 1200w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/aave-2-300x200.webp 300w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/aave-2-1024x683.webp 1024w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/aave-2-768x512.webp 768w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/aave-2-330x220.webp 330w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/aave-2-420x280.webp 420w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/aave-2-615x410.webp 615w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/aave-2-860x573.webp 860w" sizes="(max-width: 1200px) 100vw, 1200px"> 
<h2 id="virtuals-protocol-virtual-harnessing-ai-s-potential">Virtuals Protocol (VIRTUAL): Harnessing AI’s Potential</h2> 
VIRTUAL, an AI-driven protocol on the Base chain, has quickly become a whale favorite this week. Santiment data reveals that wallets holding between 100 million and 1 billion VIRTUAL tokens saw their balances jump from 145,000 to 6.44 million in a single day. 
This equates to approximately $15 million in whale purchases, pushing VIRTUAL to an all-time high. With a trading volume surpassing $220 million, analysts expect VIRTUAL’s price to breach the $2.30 mark if the positive trend continues. However, profit-taking by large investors could lead to a price dip. 
<img loading="lazy" decoding="async" class="size-full wp-image-76482 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/vir-2.webp" alt="Whales Shift Focus: AAVE and Two Other Altcoins in the Spotlight = The Bit Journal" width="2048" height="693" title="Whales Shift Focus: AAVE and Two Other Altcoins in the Spotlight 47" srcset="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/vir-2.webp 2048w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/vir-2-300x102.webp 300w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/vir-2-1024x347.webp 1024w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/vir-2-768x260.webp 768w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/vir-2-1536x520.webp 1536w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/vir-2-860x291.webp 860w" sizes="(max-width: 2048px) 100vw, 2048px"> 
&nbsp; 
<h2 id="ondo-ondo-bridging-real-world-assets-and-crypto">Ondo (ONDO): Bridging Real-World Assets and Crypto</h2> 
Focused on tokenizing real-world assets (RWA), ONDO has caught the attention of whales. IntoTheBlock reports indicate a 7.34 million token increase in whale holdings, driving ONDO’s price up by 17% to just under $2. 
Should whales continue accumulating, ONDO’s price could rise further. Conversely, any reduction in large holdings could push its value back to the $1 level. 
<img loading="lazy" decoding="async" class="size-full wp-image-76480 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/ondo-1-768x512-1.png" alt="Whales Shift Focus: AAVE and Two Other Altcoins in the Spotlight = The Bit Journal" width="768" height="512" title="Whales Shift Focus: AAVE and Two Other Altcoins in the Spotlight 48" srcset="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/ondo-1-768x512-1.png 768w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/ondo-1-768x512-1-300x200.png 300w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/ondo-1-768x512-1-330x220.png 330w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/ondo-1-768x512-1-420x280.png 420w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/ondo-1-768x512-1-615x410.png 615w" sizes="(max-width: 768px) 100vw, 768px"> 
<h2 id="whale-activity-shapes-market-dynamics">Whale Activity Shapes Market Dynamics</h2> 
The buying and selling strategies of crypto whales continue to shape market trends. As reported by The Bit Journal, closely monitoring whale movements offers investors both opportunities and early warnings of potential risks. The future performance of these <a href="https://thebitjournal.com/top-10-altcoins-set-to-skyrocket-in-2025-expert-predictions/" target="_blank" rel="noopener">altcoins</a> will largely depend on market conditions and whale behavior. 
<ul> 
 <li><a href="https://twitter.com/Thebitjournal_" target="_blank" rel="noopener nofollow">https://twitter.com/Thebitjournal_</a></li> 
 <li><a href="https://www.linkedin.com/company/the-bit-journal/" target="_blank" rel="noopener nofollow">https://www.linkedin.com/company/the-bit-journal/</a></li> 
 <li><a href="https://t.me/thebitjournal" target="_blank" rel="noopener nofollow">https://t.me/thebitjournal</a></li> 
</ul> 
Follow us on Twitter and LinkedIn and join our Telegram channel to get instant updates on breaking news!

Whales Shift Focus: AAVE and Two Other Altcoins in the Spotlight

Table of Contents

The Bit Journal

Other articles published on Dec 14, 2024

From Steps to Rewards: How Runwago Changes the Game

BlackRock Dismisses XRP ETF Idea: Here’s Why, According to Company Executive

Best Altcoins to Buy Today – Qubetics’ Multichain Wallet, Cosmos’ Network Expansion, and Zignaly’...

Best Meme Coins to Invest in Today: Reshape Your Future With BTFD Coin’s Booming Presale, Memecoi...

Done Waiting for Solana to Reach $300? This $0.06 AI Token Could Hit $100 Soon!

Bitcoin champion MicroStrategy joins Nasdaq-100 elite club

Join our free newsletter for daily crypto updates!