Whales Are Loading Up on These 3 Altcoins as ETH Gears Up for Rally

On Aug 29, 2025 at 12:00 pm UTC by · 3 mins read

As Bitcoin struggles below $111,000, whales are quietly accumulating AAVE, WLD, and UNI, hinting at a strategic shift in capital.

As Bitcoin BTC $90 944 24h volatility: 0.2% Market cap: $1.82 T Vol. 24h: $39.35 B slipped below $113,000 and $111,000, now trading at $110,000, altcoins dropped further. But whale activity suggests that smart money is preparing for the next leg higher, with Ethereum ETH $3 020 24h volatility: 1.1% Market cap: $364.31 B Vol. 24h: $11.20 B showing signs of leading the charge.

Whales Accumulate WLD, AAVE, and UNI

On-chain data from Lookonchain reveals that large investors are actively accumulating three major altcoins despite the market downturn.

Whale address 0xF436 withdrew 43,123 AAVE AAVE $179.8 24h volatility: 1.0% Market cap: $2.73 B Vol. 24h: $228.67 M worth $13.87 million from exchanges over the past two days. Despite this, AAVE is down nearly 6% in the last 24 hours, trading at $306.

Meanwhile, a fresh wallet (0xC0D9) withdrew 9.325 million WLD WLD $0.63 24h volatility: 0.7% Market cap: $1.50 B Vol. 24h: $81.73 M , valued at $8.86 million, from Binance just 11 hours ago. WLD trades at $0.9236, down 3% on the day.

Also, whale address 0x4940 withdrew 408,557 UNI UNI $6.14 24h volatility: 1.9% Market cap: $3.88 B Vol. 24h: $254.28 M worth $4.11 million from Binance four hours ago. UNI is currently trading at $9.66, down nearly 4%.

While retail sentiment remains cautious, these whale withdrawals suggest that accumulation is underway.

Ethereum Flushes Out Leverage

Ethereum ETH $3 020 24h volatility: 1.1% Market cap: $364.31 B Vol. 24h: $11.20 B itself is showing structural signs of preparing for a rally. Data from CryptoQuant contributor Amr Taha shows a divergence in ETH open interest trends on Binance Derivatives.

Daily percentage open interest formed a higher low, while absolute open interest fell to a lower low, signaling that retail traders have been closing long positions rather than opening new ones.

ETH open interest has contracted to around $9 billion, and the last time this happened, Ethereum surged shortly after, reaching $4,900 in a matter of weeks.

Meanwhile, ETH funding rates across major exchanges have slipped into negative territory, suggesting short dominance and setting the stage for a potential short squeeze.

ETH funding rate by exchange | Source: CryptoQuant

According to Taha, this derivative unwinding clears excess leverage from the market, paving the way for a rally driven by spot demand rather than speculative longs.

Interestingly, the combination of whale accumulation in AAVE, WLD, and UNI, alongside structural bullish setups for ETH, strengthens the case for a near-term altcoin rally.

Snorter Bot ($SNORT) Presale Picks Up Pace

As traders explore altcoins, growing interest is turning toward Snorter Bot ($SNORT). It is a rapidly expanding Telegram-based crypto trading assistant that blends the excitement of meme coins with the practicality of advanced trading tools.

Snorter Bot allows users to detect, snipe, and manage tokens directly within Telegram. Its current version is optimized for the Solana network, which is recognized for its fast speeds and low transaction costs.

Interestingly, the team has already planned future updates to support Ethereum, BNB Chain, and other EVM-compatible blockchains. It is offering the project’s native token, SNORT, at a discounted rate in its crypto presale.

$SNORT Token Utility

The $SNORT token grants access to all premium features. With a total supply capped at 500 million tokens, Snorter’s mission is to make fast-paced DeFi trading available to the broader meme-coin community.

Due to its easy UI, users can create or import wallets with a single tap and carry out secure swaps in seconds.

Its Solana-powered routing engine offers lightning-fast execution, protection against front-running, and real-time transaction simulations via a private mempool—features that bring professional-grade performance to everyday traders.

Presale Details

  • Token Price: $0.1027
  • Funds Raised: $3.5M
  • Token Symbol: $SNORT
  • Network: Solana

With its multi-chain roadmap, Snorter is positioning itself as one of the most effective crypto bots in the market.

On our website, you can read more about where to buy Snorter Bot presale.

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