The primary day of the month is already revealing the place crypto whales are putting their bets for good points in November. Throughout a number of tokens, main gamers are rising their positions at the same time as markets stay risky.
What stands out is how whales are shifting in a different way throughout sectors, from privateness tokens to decentralized exchanges and even SocialFi tasks — hinting at the place early power might 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 good points 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.
Prior to now 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 almost $220,000 on the present value. The RAIL value throughout the identical time surged over 40%.
On the identical time, good cash wallets — addresses tied to constantly worthwhile merchants — elevated their balances by 8.17%. Trade reserves dropped 15.67%, displaying fewer tokens are being despatched to exchanges on the market.
Railgun Whales: Nansen
Mixed, these shifts point out that each whales and skilled merchants are positioning early for a potential continuation rally in November.
Railgun’s current value construction validates this whale and good cash speculation. On the 4-hour chart, the 20-period EMA (which tracks short-term value path) 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 might set off the subsequent leg of the rally.
If that “Golden” crossover completes, Railgun might goal $5.01, a key psychological degree, adopted by $6.79. Nevertheless, $3.97 and $3.32 function essential assist areas and customary rebound bases after rallies.
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A sustained transfer under $2.28 would invalidate this bullish construction and recommend 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 good points in November.
Aster (ASTER)
The second token crypto whales look like eyeing for potential good points in November is Aster (ASTER). It’s a next-generation decentralized trade (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 energetic once more at the beginning 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 almost 2.33 million tokens, price round $2.3 million.
Even prime 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, though it stays down about 10% for the week, suggesting whales is perhaps positioning early for a rebound.
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The value motion helps that view. The ASTER value 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 under $0.94 or $0.92 might invalidate the setup, opening room for a decline to $0.85. For the reason that decrease pennant pattern line has solely two contact factors, it stays a weaker assist.
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 good points 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 venture on Solana — has been occurring quietly for a full week. Pump.enjoyable lets customers simply create and launch meme cash on the Solana community. It’s a pattern that has generated vital 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 trade balances. All of that reveals that almost all purchases are being moved off-exchange — a basic signal of conviction shopping for.
PUMP is up 10% prior to now week and almost 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 value is forming a flag-and-pole sample, which often indicators a pause earlier than one other breakout in the identical path. The token has examined each the higher and decrease flag trendlines a number of occasions, typical for a risky new asset consolidating after a rally.
A break above $0.0049 would verify a bullish breakout, with short-term targets at $0.0053 and $0.0061. Primarily based on the pole’s projection, a full breakout might push PUMP towards $0.0078, marking a 60% potential transfer.
If momentum stays sturdy, even the earlier all-time excessive of $0.0088 might come into play. That manner, a transfer past $0.0095 would mark a brand new report.
For now, whales look like front-running the breakout, steadily including publicity whereas the market awaits affirmation. The bullish pattern will lose impact if the 12-hour PUMP value candle closes beneath $0.0041.
