Despite recent sharp market drops and broader investor caution, crypto whales (large investors) are reportedly moving to position themselves for a rebound, buying key altcoins ahead of an anticipated Federal Reserve interest rate cut in October. On-chain data suggests large holders are accumulating during market dips, signaling growing conviction.
Dogecoin (DOGE)
Dogecoin (DOGE) is one of the altcoins showing the clearest signs of whale accumulation following a significant price correction.
- Whale Activity: The cohort of wallets holding 100 million to 1 billion DOGE increased their combined holdings by approximately 1.45 billion DOGE (worth about $268 million) after October 16. This comes despite the meme token dropping more than 34% in the last 30 days.
- Technical Signal: A standard bullish divergence is noted between the price and the Relative Strength Index (RSI) on the daily chart, a pattern that often precedes a trend reversal.
- Key Price Levels: A daily close above $0.188 and $0.217 could confirm recovery momentum, potentially targeting $0.242 and higher. Slipping below $0.170 would weaken the bullish outlook.
Cardano (ADA)
Cardano (ADA) is also seeing sizable whale accumulation despite a nearly 32% drop over the past 30 days.
- Whale Activity: Two major whale groups have been accumulating aggressively:
- Wallets holding over 1 billion ADA added to their supply starting October 12.
- Wallets with 100 million to 1 billion ADA began accumulating on October 13, adding roughly $150 million worth of ADA in total across both groups in under a week.
- Technical Signal: A strong bullish divergence between the price and the RSI on the daily chart suggests that bearish momentum is weakening.
- Key Price Levels: A daily candle close above $0.68 could confirm a breakout, targeting resistance levels at $0.76, $0.89, and $1.01. A drop below $0.61 could open the path toward $0.50.
CZ’s Dog (BROCCOLI)
Rounding out the list is CZ’s Dog (BROCCOLI), a smaller, less established altcoin that has shown resilience against the recent broader market dip.
- Whale Activity: Despite being a smaller token, BROCCOLI has attracted serious interest, with whale holdings rising 8.9% in the past 24 hours. The top 100 addresses (mega whales) added 0.65% to their holdings, accumulating over 7 million BROCCOLI tokens in a single day.
- Technical Signal: The Money Flow Index (MFI), which tracks buying and selling pressure, shows a clear bullish divergence, suggesting that retail inflows are rising even as prices decline.
- Key Price Levels: Closing above $0.027 is needed to confirm strength, with potential targets at $0.035 and $0.043. A dip below $0.018 would signal further downside.
Underlying Driver: The aggressive accumulation across these three altcoins appears to be a bet on the market impact of the expected October interest rate cut by the Federal Reserve, which is currently showing a 100% chance according to the FedWatch tool. Whales are seemingly taking advantage of discounted prices in anticipation of easing monetary policy.
October 2025, Cryptoniteuae
