Crypto whales have shifted their focus to selected altcoins as Bitcoin, with a wider market showing signs of recovery. Blockchain data from LookonChain reveals heavy whale accumulation in virtual (virtual), WorldCoin (WLD), and games (games) over the past few days.
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In a post on X, Lookonchain revealed that one whale wallet purchased 2.53 million virtual tokens, which cost around $2.66 million. The whales each acquired tokens at an average price of $0.93.
WorldCoin and Game Tokens are looking at big purchases
Meanwhile, the same whales purchased 1.48 million World Coin tokens, spending around $1.73 million, averaged $1.02 per token. WorldCoin maintains the spotlight for its mission to provide identity verification solutions using an AI-driven platform.
Following the accumulation, WorldCoin’s price rose by more than 24% to $1.17, and its trading volume skyrocketed 150% to $481 million within 24 hours.
Additionally, whales have made a large amount of less valuable investment in game tokens. A total of 6.47 million game tokens were acquired for around $299,000, with an average price of around $0.04 per token.
In particular, after purchase, the game’s price increased 70% to $0.05, while its trading volume increased 76% to $6 million. The move suggests a growing optimism around the gaming sector, particularly as Web3 gaming projects gain traction once again.
Lookonchain also pointed out the purchase of small whales that contain cookies (cookie) tokens. The Whale bought about 303,574 cookie tokens for around $40,700, and each for $0.13. Though small compared to other transactions, this buy indicates that whales diversify their portfolio by adding small assets.
Prices skyrocket after whales activity
The rapid profits of virtual, worldcoin and games reflect the way whale movements have a major impact on price behavior and market sentiment in the Altcoin sector.
Virtual recorded a 34% increase to $1.10, with transaction volumes increasing by 242%. Virtual has traded at $1.07, up 85% over the past week.
Meanwhile, WorldCoin reached its highest price of $1.19 within 24 hours from a low of $0.95. Tokens are currently trading at $1.13, up 17% over the past day. Meanwhile, its trading volume has increased by 132% as tokens have skyrocketed 58.2% over the past week.
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Games with virtual activities have prepared one of the biggest profits since the market recovery. Tokens have risen weekly to over 200% after an increase of 65.3% over the past day.
The latest whale activity comes as Bitcoin stabilizes following sharp rallies that have deactivated the broader crypto market. Bitcoin is trading at 94,414 after increasing its weekly profit to 10%, up 0.8% in the past day.
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