Whales continue to buy heavily into this altcoin
In the first week of December 2024, cryptocurrency whales have been actively buying into several notable altcoins, with Worldcoin (WLD) and Bitcoin Cash (BCH) being the top two among them.
Worldcoin (WLD) leads the list with a net inflow of $57.25 million as of December 4th. This has helped the price of WLD increase by 35% to $3.86, with predictions that if whales continue to buy, the price could reach the $5 mark.
Bitcoin Cash (BCH) has a net inflow of $56,830, with whales buying in as the price of Bitcoin is on the rise. If this trend continues, BCH could be supported by the appreciation of Bitcoin.
Each of these coins has the potential to increase in value if the accumulation from whales persists.