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Crypto Whales Gobble Up These Altcoins in June 2025’s Opening Week—Here’s What They’re Betting On

Crypto Whales Gobble Up These Altcoins in June 2025’s Opening Week—Here’s What They’re Betting On

Author:
Beincrypto
Published:
2025-06-06 14:00:00
13
2

Crypto whales just made their moves—and the market’s ripple effect is already brewing. While retail traders were busy chasing memecoins, the big players quietly stacked their bags with strategic altcoin picks. Here’s the breakdown.

BNB, Solana, and a handful of DeFi dark horses dominated whale wallets this week. No surprises there—BNB’s burn mechanism keeps deflation ticking, while Solana’s speed still outpaces ETH for high-frequency traders. But the real eyebrow-raiser? A sleeper Layer 1 protocol (you know the one) that’s been dodging mainstream hype… until now.

Meanwhile, institutional money is playing it safe—ish. Stablecoin allocations dipped slightly, suggesting whales are rotating into higher-beta plays. Classic ‘buy when there’s blood in the streets’ behavior, even if the streets are currently paved with ETF approval rumors and regulatory side-eye.

Pro tip: Watch for accumulation patterns around next week’s FOMC meeting. Whales love exploiting macro-induced panic—just ask the 2023 bank crisis bagholders.

Closing thought: If history repeats, retail will FOMO into these exact coins… right after whales take profits. The circle of crypto life continues—unregulated, unpredictable, and utterly addictive.

PancakeSwap (CAKE)

PancakeSwap’s native token, CAKE, is one of the tokens crypto whales bought this week. According to Santiment’s data, whale addresses holding between 10 million and 100 million CAKE tokens acquired 710,000 tokens during the week under review.

CAKE Supply Distribution

CAKE Supply Distribution. Source: Santiment

This uptick in whale activity can be directly linked to a major potential listing announcement from Coinbase. On June 4, the cryptocurrency exchange confirmed CAKE’s inclusion in its asset roadmap. The prospect of enhanced liquidity and broader retail access drove whales to accumulate CAKE in anticipation of a price rally. 

At press time, the token trades at $2.28. If the whale accumulation persists, CAKE could reach $2.41.

CAKE Price Analysis

CAKE Price Analysis. Source: TradingView

On the other hand, if selloffs strengthen, the token’s value could slip to $2.21.

Dogecoin (DOGE)

Leading meme coin Doge is another altcoin that crypto whales bought this week. This is reflected by the 112% uptick in its large holders’ netflow over the past seven days. 

DOGE Large Holders Netflow.

DOGE Large Holders Netflow. Source: IntoTheBlock

An asset’s large holders are whale addresses that hold more than 0.1% of its circulating supply. Their netflows track the difference between the amount of tokens they buy and sell over a specified period. When it surges like this, it signals strong accumulation by whales, suggesting growing confidence and a bullish outlook on the asset.

DOGE could rebound and climb toward $0.20 if whale accumulation persists.

DOGE Price Analysis.

DOGE Price Analysis. Source: TradingView

On the other hand, if demand leans, the meme coin could slip toward $0.148.

Optimism (OP)

This week, Layer-2 altcoin OP attracted significant attention from deep-pocketed investors. On-chain data shows that crypto whales holding between 1 million and 10 million tokens added 17 million CAKE tokens during that period.

OP Supply Distribution.

OP Supply Distribution. Source: Santiment

This group of OP investors holds 965 million tokens at press time, their highest balance in the past week. If OP whales increase their accumulation, its price could rally to $0.69.

OP Price Analysis.

OP Price Analysis. Source: TradingView

On the other hand, if selloffs continue, it could fall to $0.54.

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