Still, industry experts believe the current cooldown is temporary, predicting that momentum will return strongly after September.
But even as the broader market enters a quiet phase, some surprising moves are happening beneath the surface. Blockchain analytics firm Santiment has observed large investors—or “whales”—shifting focus to unexpected assets over the past three months.
According to their latest findings, four altcoins have caught the attention of these major players: Immutable (IMX), Curve DAO Token (CRV), Bitcoin Cash (BCH), and Convex Finance (CVX). These tokens, often overlooked in the top-tier headlines, are now registering high-value transactions among whale wallets.
Immutable (IMX) stands out with the second-highest level of whale activity, showing strong support from deep-pocketed investors. Curve DAO Token (CRV) isn’t far behind, taking the fourth spot. Meanwhile, Bitcoin Cash (BCH) and Convex Finance (CVX) both secured fifth place in whale transaction rankings, suggesting a tie in interest levels.
Despite the market downturn on Monday, these assets showed resilience through steady whale accumulation. This type of behavior typically signals confidence in long-term value and may hint at which tokens could outperform once the broader rally resumes later this year.
The post Whale Activity Spikes in Lesser-Known Altcoins Despite Market Cooldown appeared first on Coindoo.
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