Crypto whales are shifting their focus toward select altcoins as Bitcoin and the broader market show signs of recovery. Blockchain data by Lookonchain reveals heavy whale accumulation in Virtual (VIRTUAL), Worldcoin (WLD), and Game (GAME) over the past few days.
Related: Crypto Christopher: These 5 Altcoins Show Strong Pre-Bull Run Signs
In a post on X, Lookonchain disclosed that a single whale wallet purchased 2.53 million Virtual tokens, valued at approximately $2.66 million. The whale acquired the tokens at an average price of $0.93 each.
Worldcoin and Game Tokens See Large Buys
Meanwhile, the same whale also bought 1.48 million Worldcoin tokens, spending about $1.73 million at an average of $1.02 per token. Worldcoin has remained in the spotlight due to its mission to provide identity verification solutions using AI-driven platforms.
Following the accumulation, Worldcoin’s price rose more than 24% to $1.17, while its trading volume surged 150% to reach $481 million within 24 hours.
In addition, the whale made a larger-volume but lower-value investment in Game tokens. A total of 6.47 million Game tokens were acquired for approximately $299,000, at an average price of around $0.04 per token.
Notably, after the purchases, Game’s price jumped by 70% to $0.05, while its trading volume climbed 76% to $6 million. The move suggests growing optimism around the gaming sector, particularly as Web3 gaming projects gain traction again.
Lookonchain also noted a smaller whale purchase involving Cookie (COOKIE) tokens. The whale bought around 303,574 Cookie tokens for roughly $40,700, at $0.13 each. Although smaller compared to other transactions, this buy indicates that whales are diversifying their portfolios by adding small-cap assets.
Prices Surge After Whale Activity
The rapid gains in Virtual, Worldcoin, and Game reflect how whale movements can heavily influence price action and market sentiment in the altcoin sector.
Virtual recorded a 34% increase to $1.10 and a 242% increase in transaction volume. Virtual has now seen an 85% increase in the past week, trading at $1.07.
Meanwhile, Worldcoin touched a high of $1.19 from a low of $0.95 within 24 hours. The token now is trading at $1.13, a 17% rise in the past day. Meanwhile, its transaction volume also spiked by 132% as the token surged by 58.2% in the past week.
Related: Bitcoin Season Reigns: Altcoin Index Flatlines Near Record Lows
Game by Virtual activity poised one of the biggest gains since the market recovery. The token has now seen a weekly rise above 200% after a 65.3% uptick in the past day.
The latest whale activity comes as Bitcoin stabilizes following a sharp rally that lifted broader crypto markets. Bitcoin now trades at 94,414, after a 0.8% rise in the past day to increase its weekly gain to 10%.
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