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In the last week, there has been some significant whale action on various altcoins, which reflects changes in market dynamics and possible price action. Immutable (IMX) witnessed dramatic whale purchasing, with net flow increasing by as much as 800%, hinting at the possibility of its price hitting $1 during April. Dogecoin (DOGE) also witnessed some whale accumulation, especially in addresses with 1 million to 10 million coins, which could turn its recent price drop around if continued.
Aave (AAVE) saw more whale interest in early March, with whales buying 50,000 tokens within a week, adding to its rally amid overall market volatility. Ondo (ONDO) also saw a sharp rise in its large holders' net flow, up by 10,263%, indicating bullish sentiment and possible higher demand.
LayerZero (ZRO) is also in the sights of whales as a future investment for returns in April, together with IMX and DOGE. Whales' intense activity in the altcoins hints at huge market power and chances of considerable price action in the near future
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