Whale Frenzy Drives Altcoin Rally: Ethereum Leads the Charge

Early in August, Ethereum became the main target for big holders; net capital flows increased 270% and whales moved ETH over $4,000. On-chain information points to ongoing trust among these major participants who are now aiming for a push toward $4,500. The aggressive accumulation trend is not restricted to ETH; Solana's meme sweetheart PEPE increased whale holdings by 1.36%; Mantle (MNT) drew over 2.39 million tokens into large wallets, aiming for a rally to $1.15.

The whale playbook also included classic blue-chip altcoins prominently. After its fall below $800, Binance Coin (BNB) whales increased purchases; Dogecoin holders expanded their stash from 24.28 billion to 26.39 billion DOGE—positioning for a breakout beyond $0.30. Toncoin (TON) gained from institutional purchases following its correction to $3.41, hinting at fresh highs above $4 as the month advances.

With LILPEPE leading presale charts (91% sold) and attracting strong whale interest along SPX6900, Pudgy Penguins (PENGU), and Shiba Inu (SHIB), the meme-coin community is yet quite favored. Generally, these intelligent‐money movements highlight a general, bullish attitude: whales are purposefully hoarding both already created and newly discovered tokens, therefore implying that a long altcoin surge may be imminent.