Following last week’s lackluster performance across the cryptocurrency market, trading activity has picked up this week. The renewed momentum is reflected in a 6% increase in global crypto market capitalization over the past seven days. Large investors, often called crypto whales, have seized the opportunity to accumulate select altcoins in anticipation of future gains. Ethereum (ETH) Leading altcoin Ethereum tops crypto whales’ buy list this week, with a 270% surge in its large-holder netflow, highlighting the scale of accumulation
source: https://beincrypto.com/altcoins-crypto-whales-bought-august-first-week/