Altcoins Crypto Whales Bought: October 2024 Fourth Week
Despite the lackluster performance of many cryptos this week, a few altcoins crypto whales bought and increased their exposure.
In this analysis, BeInCrypto examines the top altcoins targeted by whales and explores the reasons behind their purchases. This week’s top picks include Immutable (IMX), Pendle (PENDLE), and Injective (INJ).
Immutable (IMX)
Immutable (IMX), the native token of the Ethereum-based layer-2 scaling solution Immutable, emerged as the top choice for crypto whales this week.
Data from IntoTheBlock shows that the net flow of IMX held by large investors surged from 288,177 tokens to 16.02 million. This indicates a net purchase of around 15.71 million IMX tokens in October’s fourth…
