Recent analysis data from Alphractal indicates that whales are more focused on certain altcoins than retail investors.
Whales Concentration in Altcoins
Alphractal analysts report that the Whale vs Retail Investor Ratio metric indicates that whales are inclined towards long positions. They are particularly interested in altcoins such as ZEC, UNI, KSM, COTI, and ALICE.
Current Bitcoin Situation
Bitcoin price has significantly recovered today and is trading above $105,000. The analytical firm also notes a decrease in trading volume between $74,000 and $86,000, and if the recovery does not continue, the price may fluctuate within this range with possible consolidation and liquidity formation.
Growth of Certain Altcoins
A significant portion of major altcoins are in the green zone today, with FARTCOIN, JASMY, DEXE, and OM experiencing the biggest increases.
The analysis suggests that crypto whales are targeting specific altcoins, while Bitcoin and other assets continue to change their dynamics in the markets.
