Which altcoin is the Whale buying after the cryptocurrency crash in early November?

The market shock at the beginning of November caught investors off guard, completely contrary to expectations of a month of strong growth. On the 4th and 5th of November, deep corrections across a series of large tokens shook market sentiment and erased most of the short term profits. However, amidst the “storm”, the altcoins quietly accumulated by whales still stood out as rare bright spots.

On-chain data shows that large investors are quietly accumulating tokens with potential breakout structures, early divergence signals, and solid technical foundations. These are all signals indicating that big money has started to position itself for the next recovery cycle, despite the participation of retail investors.

Aster (ASTER)

Aster (ASTER), a project on the BNB Chain focusing on decentralized trading, is the first name hunted by whales after the crash in early November. In the past 24 hours, the amount of ASTER held by whales has increased by 12.58%, bringing the total to 43.62 million ASTER.

This means that whales have net bought about 4.9 million ASTER, worth nearly 5.46 million USD at current prices. Notably, the ASTER balance on exchanges also increased by 0.72%, indicating that while whales are actively accumulating, some retail investors or early investors are taking the opportunity to take profits. This is a pattern commonly seen in the early stages of altcoin recovery.

Whale ASTER | Source: NansenTechnically, ASTER is still moving within a descending wedge pattern — often signaling a potential bullish reversal when the price is compressed. The sharp decline on November 4th led to the emergence of a bullish divergence on the RSI indicator, indicating that selling momentum is weakening.

From October 10 to November 3, the price of ASTER continuously created new lower lows while the RSI created higher lows, signaling that selling pressure is gradually decreasing. Since then, the price of ASTER has been steadily increasing.

If this trend is maintained, breaking the resistance level of $1.28, followed by $1.53 ( increasing about 36.8% from the current level ) will confirm a clear upward trend, opening up the opportunity to reach the price zone of $2.21. At that point, ASTER will complete the breakout pattern and shift to a strong upward trend.

ASTER price analysis | Source: TradingViewOn the contrary, the key support zone remains at $0.93; if this level is breached, ASTER could drop to $0.81 or lower if the overall market continues to weaken.

Bio Protocol (BIO)

Bio Protocol (BIO), a DeSci project built on Ethereum, is the next name in the sights of whales after the crash in early November. Despite a decrease of up to 44.2% in the past month, BIO has remained flat in the last 24 hours, indicating that the strong selling pressure is gradually being absorbed.

In just the past day, the amount of BIO held by whales has increased by 87.07%, reaching 1.89 million tokens — equivalent to about 880,000 additional BIO purchased. The “mega whale” (100 largest wallets) also increased their holdings to 2.98 billion BIO, purchasing an additional 2.09 million BIO. In total, whales and mega whales have accumulated nearly 2.97 million BIO, worth approximately $226,000, reflecting a quiet yet clear accumulation move at the low price range.

Bio Protocol whales | Source: NansenTechnical analysis also supports this accumulation phase. The OBV (On-Balance Volume) — measuring money flow in/out based on trading volume — has created a downward trend line since the end of September. From September 21 to October 27, OBV consistently made lower highs, forming a distinct “resistance slope.”

On November 2, the OBV of BIO surpassed this resistance line, leading to a price increase from October 31 to November 2. Although the initial breakout was unsuccessful, a new attempt has begun with the appearance of a green candle on the daily chart.

BIO Price Analysis | Source: TradingViewIf OBV continues to maintain above the resistance line, the next price level to watch will be $0.097 — coinciding with the 50% Fibonacci retracement level. Closing above this threshold could open up opportunities to rise to $0.12 and $0.16, confirming an uptrend. Conversely, if BIO loses the $0.066 mark, the price will fall below the OBV trend line, signaling deeper downside risk and establishing new lows.

Syrup (SYRUP)

Syrup (SYRUP) — the DeFi token operating the staking and lending platform of Maple Finance — is the third altcoin that whales are actively accumulating after the market-wide correction.

Since November 4th, two leading whale groups have been at the forefront of the SYRUP accumulation wave. The large group, holding from 100 million to 1 billion SYRUP, increased their balance from 447.95 million SYRUP to 448.18 million SYRUP, equivalent to an additional purchase of about 230,000 SYRUP in just two days. The smaller whale group, owning from 10 million to 100 million SYRUP, saw an even stronger increase, raising their total from 397.29 million SYRUP to 425.09 million SYRUP — meaning they bought an additional 27.8 million SYRUP.

Whales SYRUP | Source: NansenIn total, these two groups have accumulated nearly 28 million SYRUP (worth about 11.5 million USD), indicating that the confidence of large holders is returning.

This strong accumulation move aligns perfectly with important technical signals. From August 25 to November 4, the RSI indicator on the daily chart showed a bullish divergence — the price made a lower low while the RSI made a higher low, which is often a sign of trend reversal.

In addition, the Chaikin Money Flow (CMF) — which measures the inflow/outflow of capital into assets — has just slightly surpassed the downward trend line since October 14, signaling that large money is returning to the market.

SYRUP Price Analysis | Source: TradingViewThe next confirmation for the recovery process of SYRUP will be when the CMF crosses the 0 mark, confirming a sustainable buying momentum. In terms of price, the first major resistance is at $0.46, about 13% higher than the current ($0.41. If it surpasses this level, SYRUP could advance to $0.53 or higher. Conversely, strong support is at $0.36; if this level breaks, the token may drop to $0.31 or lower.

Mr. Giáo