Signals from whales: Assets being sought ahead of the bullish surge in June

In the last days of May, the crypto market began to enter a period of calm as the take profit momentum spread following the strong growth earlier.

However, while many individual investors are pausing trading to observe the market, "whales" – investors holding large amounts of assets – are quietly increasing their accumulation of some potential altcoins. This move indicates a clear expectation that these altcoins could make a strong breakout in the upcoming June.

Dogecoin (DOGE)

Dogecoin (DOGE) – the leading meme coin in the crypto market – is becoming a target for accumulation by "whales" amid expectations of a new price surge in June. Data from Santiment shows that, within just one week, wallets holding between 1 million and 10 million DOGE have added about 30 million tokens, marking a notable wave of accumulation from major investors.

! DOGE Supply Distribution | Source: SantimentThis move is often seen as a strong signal for retail investors. When big players start to increase their positions, market confidence tends to be strengthened, thereby triggering new demand and creating a driving force for the price of DOGE to go up.

Daily chart of DOGE/USDT | Source: TradingViewIf buying pressure continues to remain high, DOGE could completely regain its upward momentum and head towards the next resistance level at $0.206. Conversely, if the accumulation momentum stalls and selling pressure increases, this coin risks reversing and dropping back to the support area around $0.175.

Avalanche (AVAX)

AVAX – a Layer-1 coin (L1) – is becoming the focus of attention for "whales" with expectations of generating profit in June. This interest is clearly reflected in the impressive increase of 474% in the net cash flow index of large wallets over the past 7 days.

The net flow of AVAX whales | Source: IntoTheBlockAccording to the definition, large wallets are those personal wallet addresses that hold 0.1% or more of the circulating supply of AVAX. The net flow metric measures the difference between the amount of coins bought and sold over a specific period.

The increase in net cash flow indicates that the amount of AVAX flowing into large wallets is significantly outweighing the amount of coins being sold – a clear sign that accumulation is taking place and there is growing confidence in AVAX's price appreciation potential in the future.

AVAX/USDT daily chart | Source: TradingViewIf the accumulation trend continues to be maintained, AVAX could completely recover and move towards the important resistance level at $24.28.

On the contrary, if large investors start to take profit, selling pressure could push the price of AVAX down to the support zone around $14.66.

Quant (QNT)

Despite the overall downtrend of the crypto market, QNT has shown a strong breakout in the past week with an impressive increase of 7%. The main driving force behind this recovery is the launch of Overledger Fusion – a Layer 2.5 solution aimed at connecting organizations, businesses, and the decentralized finance ecosystem (DeFi), thereby rekindling interest from investors.

! QNT Whale Net Cash Flow | Source: IntoTheBlockThis event not only created a positive effect on the market, but also triggered a strong wave of consolidation from whales. The proof is that net inflows into large wallets have soared by 1083% in the past week – a clear signal of growing confidence in QNT's short-term potential. This accumulation move could be a springboard for further gains as institutional investors gradually expand their positions.

Daily QNT/USDT Chart | Source: TradingViewIf the buying momentum is maintained, QNT is fully capable of reaching the $115.20 mark in the near future. Conversely, if selling pressure increases again, the price of this token may slide below the $101.87 threshold and retreat to the important support area at $93.52.

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