Crypto Whale Buy Up 3 Altcoins in Early June 2025
Although the global crypto market has fallen by 5% in the past week, large investors (crypto whales) have shown interesting activity.
In the first week of June 2025, they were actively collecting three altcoins: PancakeSwap (CAKE), Dogecoin (DOGE), and Optimism (OP). This move indicates a potential price increase in the near future.
PancakeSwap (CAKE): Coinbase’s Hope
Quoting from Beincrypto media, the PancakeSwap token, CAKE, has become the target of whales with significant accumulation.
According to Santiment, wallets holding 10 million to 100 million CAKE added around 710,000 tokens during this period.
This interest soared after Coinbase announced on June 4, 2025 that CAKE was included in their list of potential listings.
With a current price of around US$2.28, CAKE has the potential to rise to US$2.41 if this trend continues.
Dogecoin (DOGE): Meme Coin Shines Again
Dogecoin, the favorite meme coin, is also attracting the attention of big investors. Data shows a 112% increase in net inflows in a week, indicating whale enthusiasm.
With DOGE’s current price around US$0.16, this activity could be an early sign of a price surge in the near future.
Optimism (OP): Tempting Stability
The Optimism (OP) token is attracting attention due to its price stability. Data shows wallets with 10 million to 100 million OPs have added around 1.2 million tokens.
With the current OP price around US$2.10, this accumulation is a positive signal for the future price outlook.
Conclusion
The accumulation of CAKE, DOGE, and OP by whales in early June 2025 indicates growth opportunities amidst a sluggish market.
Retail investors should pay attention to this movement to develop the right investment strategy.