What altcoins do whales get rid of

In early February, cryptocurrency whales actively got rid of MOG, PEPE and Turbo, following the general trend in the crypto.

We tell you, the potential of which “meme” coins do not believe in whales in February.

Mog Coin (MOG)

Whales have been selling MOG MOMCOIN for several months. However, in early February, sales pressure intensified. Reducing positions can signal the change of moods, since the activity of large investors often affects the price dynamics and liquidity of the asset.

When whales get rid of their investments in large volumes, they increase the supply in the market. This may make it difficult to keep the rising impulse.

Confidence among large investors weakens. Because of this, there were concerns about the further pressure of sales and a decrease in the cost of a memcoid on the MOG market.

The number of whales holding at least 100 million MOG has recently been restored. The indicator has grown to 10 127, but is still at a historical minimum.

The general trend remains aimed at distribution, and not at accumulation. If the activity of whales does not shift towards stable purchases, MOG will not be able to form a strong bull impulse.

Pepe

As in the case of MOG, in early February, whales also sold PEPE. However, the pressure of sales was not so intense.

Reducing positions with large holders may indicate a weakening of confidence in the memcorana. Nevertheless, PEPE investors did not get rid of their assets at the same speed as the MOG whales.

Nevertheless, when whales are sold, this increases the supply in the market, potentially limiting prices. A decrease in the number of addresses of large investors indicates that some whales fix profit or reduce their positions, which can contribute to short -term volatility.

On January 30, the number of addresses holding at least 100 million PEPE was 54,383. From the beginning of February, the indicator decreased steadily, reaching 53,927 by the eighth of February eight. This is the lowest level since March 2024.

Although since then the number of wallets has recovered up to 53,954, the total trend remains descending.

PEPE sales pressure is not aggressive. However, it nevertheless indicates uncertainty among large investors. If whales continue to get rid of their positions, this will increase the pressure on the price of a memcoid, which will complicate the retention of a bull impulse.

Turbo

In the early days of February, cryptocrates also actively got rid of Turbo tokens. On January 30, the number of addresses owning from 10 thousand to 10 million coins was 13,706.

By the beginning of February, the indicator dropped to 13.404.

At the moment, the number of such investors is 13,370. This suggests that whales continue to sell Turbo.

A constant reduction in the number of addresses of whales can lead to an increase in Turbo’s volatility. The decline was gradual, not aggressive. However, the fact that whales have been steadily sold in recent weeks signals the indecision in the memorial market.

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