RAIL, AAVE & ASTER: Whales Load Up as BTC Dumps $1.48B

Driving a 40% price increase, crypto whales have relentlessly acquired Railgun (RAIL), their holdings growing 30% in 24 hours to 242,500 tokens (including roughly 56,000 RAIL worth $220,000). Smart money wallets increased 8.17% while exchange reserves fell 15.67%, suggesting lesser selling pressure. Despite a 6.3% daily and 17.7% three-month price decrease, Aave (AAVE) also experienced significant buying, with big holders adding 80,000 tokens (~$17 million) between October 27.

Other targets include Pump.fun (PUMP) and Aster (ASTER), the latter up 30% after Binance co-founder CZ revealed a $2.5 million personal purchase. Millions-SOL wallets staying stable at around $186 highlight Solana-based assets. Amidst a poor altcoin market (Altcoin Season Index ~29), these moves show whale curiosity in privacy (Railgun) and DeFi (Aave).

Bitcoin, meantime, experiences great selling pressure as long-term investors have deposited 13,000 BTC ($1.48 billion) to exchanges since October 1, 3,265 BTC ($364.5 million) of which went to Kraken. Major PayPal transfers of 2,293 BTC valued at $247 million highlight profit-taking. Whales seem to be turning from BTC into certain altcoins overall, setting for possible industry changes rather than leaving crypto.