Two days after the Black Friday crypto crash, market sentiment is starting to stabilize and crypto whales are already starting to move. On-chain data reveals fresh accumulation in several altcoins as large holders strategically reposition positions while prices remain at post-crash lows.
Three of these coins are supported by massive whale inflows, product launch excitement, and improved technology setups. Additionally, some companies are looking to inject smart money in parallel, while others are looking to break out of major patterns (or higher targets), showing early signs of strength.
Dogecoin (DOGE)
Dogecoin (DOGE) became one of the first altcoins bought by crypto whales after the Black Friday crash. Previously, giant whales holding more than 1 billion DOGE were the first to react, adding significantly during the decline.
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Currently, the momentum is shifting to intermediate whales holding 100 million to 1 billion DOGE.
These whales increased their balances from 27.56 billion DOGE to 29.81 billion DOGE since October 11th. This would be a net profit of approximately 2.25 billion DOGE, equivalent to approximately $475 million at current Dogecoin prices.
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This second wave of accumulation shows renewed confidence in the rebound and suggests large holders are bracing for a possible continuation of the recovery.
On the 4-hour chart, which is used to spot early trend changes, DOGE price is trading just below the key resistance level at $0.214, forming a symmetrical triangle pattern. If the 4-hour candlestick breaks above $0.214, it could confirm a short-term uptrend towards $0.242, $0.254, and $0.270.
However, a break below $0.205 could delay this move and expose DOGE to $0.185 and $0.178.
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Adding confidence to this setup, the Smart Money Index (SMI), which tracks the activity of experienced and retail investors, is starting to move higher. This rally suggests that experienced traders are keeping pace with the whales.
Synthetics (SNX)
Synthetics (SNX) had the strongest rebound since the Black Friday crash, surging more than 80% in 24 hours to a 10-month high. This rally is fueled by renewed excitement about the upcoming perpetual DEX on Ethereum.
But behind the scenes, on-chain data shows that whales play an even bigger role in driving price movements.
Whale Wallet, which holds a large amount of SNX, increased its position by 86.2% in just one day. This cohort currently manages approximately 1.21 million SNX. This means that you have added approximately 560,000 SNX, equivalent to almost $1.23 million at an average price of $2.20.
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From a technical perspective, SNX has broken out of an ascending channel on the daily chart, a bullish pattern that, if confirmed, would indicate a continuation.
This breakout predicts a 212% upside from the breakout point, which translates to an extension target near $6.0. For now, the first level of resistance is near $2.27, followed by $3.11 and $3.96. A break above $4.48 will confirm a larger move.
On the downside, major supports are located at $1.74, $1.56, and $1.10. A break below the last level ($1.10) will cause a bearish reversal in the SNX price structure.
If whale accumulation continues at this pace, it could help SNX break above the immediate support zone and expand towards higher goals, especially as the DEX launch approaches and broader market sentiment stabilizes.
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ASTER
Aster (ASTER), a fast-growing perpetual DEX project built on the BNB chain, quickly gained attention after its explosive debut and cross-chain trading model. The project allows users to trade with high-yield collateral, a feature that whales and smart money have flocked to after the Black Friday market crash.
Whale increased its holdings by 4.06% in the past 24 hours and now holds 46.57 million ASTER. This means that we added approximately 1.82 million ASTER, which is equivalent to approximately $2.7 million at an average price of $1.50.
This steady increase is consistent with similar patterns seen in smart money and celebrity wallets, where holdings increased by 7.82% and 16.64%, respectively.
This synchronized accumulation across major investor segments suggests growing confidence that ASTER’s rebound is more than a short-term rebound.
On the technical side, Aster’s 4-hour chart shows the token trading within a bullish pennant, a pattern that often precedes a continuation. To confirm the bullish setup, the 4-hour price needs to move above $1.75 (upper breakout of the trend line). After that, it could rise above $1.88, which would open the door to $2.10 and $2.20.
On the downside, a loss of the key support level of $1.43 could send the token down to $1.27 or even $1.15.
