The primary day of the month is already revealing the place crypto whales are inserting their bets for features in November. Throughout a number of tokens, main gamers are rising their positions whilst markets stay unstable.
What stands out is how whales are shifting in another way throughout sectors, from privateness tokens to decentralized exchanges and even SocialFi tasks — hinting at the place early power may floor this month.
Railgun (RAIL)
Crypto whales look like lining up behind Railgun (RAIL). It is likely one of the few tokens seeing sturdy accumulation for potential features in November.
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The privacy-focused Ethereum token, recognized for enabling shielded transactions, has drawn heavy whale exercise since October 31, simply earlier than the beginning of the brand new month.
Previously 24 hours alone, whale holdings have climbed 30%, rising from about 185,000 RAIL to 242,500 RAIL. Which means whales added roughly 56,000 RAIL, price practically $220,000 on the present worth. The RAIL worth throughout the identical time surged over 40%.
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On the identical time, sensible cash wallets — addresses tied to persistently worthwhile merchants — elevated their balances by 8.17%. Alternate reserves dropped 15.67%, displaying fewer tokens are being despatched to exchanges on the market.
Mixed, these shifts point out that each whales and skilled merchants are positioning early for a doable continuation rally in November.
Railgun’s current worth construction validates this whale and sensible cash speculation. On the 4-hour chart, the 20-period EMA (which tracks short-term worth route) has already crossed above the 50 EMA, confirming a shift towards bullish momentum. The 50 EMA is now approaching the 100 EMA, hinting that one other crossover may set off the following leg of the rally.
If that “Golden” crossover completes, Railgun may goal $5.01, a key psychological stage, adopted by $6.79. Nevertheless, $3.97 and $3.32 function essential help areas and customary rebound bases after rallies.
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A sustained transfer beneath $2.28 would invalidate this bullish construction and counsel that whale accumulation would possibly pause. For now, although, crypto whales appear satisfied that Railgun may very well be one of many standout bets for potential features in November.
Aster (ASTER)
The second token crypto whales look like eyeing for potential features in November is Aster (ASTER). It’s a next-generation decentralized alternate (DEX) constructed on the BNB Chain, providing each spot and perpetual buying and selling throughout a number of chains. After a quiet week in October, the Aster whales have turned lively once more firstly of November.
Over the previous 24 hours, whale holdings have elevated by 11.98%, elevating their whole stash to 21.77 million ASTER. This implies whales added practically 2.33 million tokens, price round $2.3 million.
Even high 100 addresses — the bigger “mega whales” — noticed a small however regular enhance, confirming accumulation throughout each massive and mid-sized wallets.
ASTER is up 7% prior to now 24 hours, regardless that it stays down about 10% for the week, suggesting whales is perhaps positioning early for a rebound.
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The worth motion helps that view. The ASTER worth is buying and selling inside a pennant-like sample, a setup that usually seems earlier than sturdy directional strikes. A 4-hour shut above $1.06 would sign a breakout and will push costs towards $1.09 and even $1.22 if momentum builds.
Nevertheless, a drop beneath $0.94 or $0.92 may invalidate the setup, opening room for a decline to $0.85. Because the decrease pennant development line has solely two contact factors, it stays a weaker help.
Nonetheless, whales appear to be betting on the upside as ASTER trades nearer to its breakout zone. With rising accumulation and a tightening technical setup, Aster may very well be one of many stronger crypto whale bets for November features if the breakout confirms.
Pump.enjoyable (PUMP)
Whereas crypto whales snapped up Railgun and Aster within the final 24 hours, their accumulation of Pump.enjoyable (PUMP) — a SocialFi mission on Solana — has been happening quietly for a full week. Pump.enjoyable lets customers simply create and launch meme cash on the Solana community. It’s a development that has generated important social buzz and speedy rotations amongst small-cap merchants.
Over the previous seven days, whale balances have risen 11.84%, lifting their whole stash to 17.13 billion PUMP. This implies whales added round 1.81 billion tokens, price near $8.1 million.
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The rise aligns with regular drops in alternate balances. All of that reveals that almost all purchases are being moved off-exchange — a traditional signal of conviction shopping for.
PUMP is up 10% prior to now week and practically 5% over the previous 24 hours, indicating that whales have been shopping for into power fairly than fading the rally.
On the 12-hour chart, the PUMP worth is forming a flag-and-pole sample, which often alerts a pause earlier than one other breakout in the identical route. The token has examined each the higher and decrease flag trendlines a number of occasions, typical for a unstable new asset consolidating after a rally.
A break above $0.0049 would affirm a bullish breakout, with short-term targets at $0.0053 and $0.0061. Based mostly on the pole’s projection, a full breakout may push PUMP towards $0.0078, marking a 60% potential transfer.
If momentum stays sturdy, even the earlier all-time excessive of $0.0088 may come into play. That manner, a transfer past $0.0095 would mark a brand new document.
For now, whales look like front-running the breakout, steadily including publicity whereas the market awaits affirmation. The bullish development will lose impact if the 12-hour PUMP worth candle closes below $0.0041.