
Crypto Whales are Accumulating These Altcoins Before 2023 – Here’s Why
29 Dec 2022 12:04 PM
By Trent Rhode
Despite macroeconomic factors and FTX contagion fears, the crypto market has remained relatively unperturbed lately, with bitcoin confined in a tight range of $16k to $18k. But even as the market continues this consolidation phase, whales are stockpiling certain coins in preparation for the next bull run.
"Calm waters do not last long in bitcoin, so be prepared for a sharp move here shortly," a recent report from Blockware noted. Whether the next market move is up or down depends largely on macroecnomic factors, but as the whales know, it's important to prepare for either eventuality by investing in promising projects at a discount before they hit the market and using sound risk management with assets already on the market.
Here are a few coins with strong fundamentals that crypto whales seem to be accumulating in the lead up to 2023 based on the rapid rate of investment in their presales: FGHT, D2T, CCHG, RIA, and TARO.
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