After two sharp market drops this month, altcoins are again drawing attention from large investors. Despite broader caution, crypto whales appear to be positioning early for a rebound, buying key altcoins ahead of the expected October rate cuts.
With another Fed cut likely on the cards, three altcoins are quietly seeing strong inflows. Whales are buying these altcoins during dips, signaling early positioning and growing conviction.
Dogecoin (DOGE)
First on the list is Dogecoin (DOGE). It is one of the few altcoins seeing clear signs of whale accumulation even after a steep correction.
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The meme token has dropped more than 34% in the past 30 days, but crypto whales appear to be buying the dip. This could be in anticipation of the October rate cuts.
According to on-chain data, the whale cohort holding 100 million to 1 billion DOGE began increasing their supply again after October 16.
Their combined holdings rose from 28.16 billion DOGE to 29.61 billion DOGE. This means they’ve added roughly 1.45 billion DOGE — worth about $268 million at the current DOGE price.
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This renewed accumulation comes just as the daily chart shows a standard bullish divergence between price and RSI, a momentum indicator.
Between June 22 and October 10, DOGE’s price made a lower low, while the Relative Strength Index (RSI) made a higher low — often a sign of a potential trend reversal.
If Dogecoin can close a daily candle above $0.188 and $0.217, it could confirm recovery momentum. From there, the next resistance levels lie at $0.242, $0.269, and even $0.306 in the short to mid-term.
However, if the price slips below $0.170, the bullish setup could weaken.
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With the FedWatch now showing a 100% chance of an October rate cut, whales appear to be betting on easing monetary policy.
Cardano (ADA)
Next on the list is Cardano (ADA) — another altcoin seeing sizable whale accumulation even as its price struggles. ADA has fallen nearly 32% over the past 30 days, but large holders appear to be using the weakness to position early, just as crypto whales did with Dogecoin.
Two key whale cohorts have been accumulating aggressively. The larger group, holding over 1 billion ADA, started buying on October 12, raising their holdings from 1.5 billion to 1.59 billion ADA, and has held steady since.
A second cohort — wallets with 100 million to 1 billion ADA — began adding a day later, on October 13, increasing their supply from 3.91 billion to 4.07 billion ADA.
They’ve added in stages across October 14, 16, and 17, showing steady conviction during ADA’s decline.
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At the current Cardano (ADA) price of $0.62, these whales have added roughly $150 million worth of ADA in under a week. This growing accumulation despite falling prices shows that larger holders are anticipating a possible trend reversal.
And, they might be taking advantage of discounted price levels.
On the daily chart, ADA shows a strong bullish divergence between price and RSI. Between February 9 and October 10, ADA’s price made a lower low, while the Relative Strength Index (RSI) made a higher low — a signal that bearish momentum is weakening.
Currently, ADA trades around $0.62, but a daily candle close above $0.68 could confirm a breakout. If that happens, this altcoin could target $0.76, $0.89, and even $1.01, led by the October rate cut push.
However, if the price slips below $0.61, the structure could weaken, opening the path toward $0.50.
CZ’s Dog (BROCCOLI)
Rounding off the list is BROCCOLI (CZ’s Dog). It is an offbeat yet increasingly popular altcoin that’s been quietly gaining traction ahead of the expected October rate cuts.
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Unlike Dogecoin and Cardano, BROCCOLI isn’t among the top tokens by market cap. Yet, its whale accumulation pattern shows it’s starting to attract serious interest.
Over the past 24 hours, BROCCOLI has slipped just 4.4%, while its seven-day loss remains limited to 2.4%. This shows strong relative resilience despite the broader market dip. And this stability seems to be catching the attention of large investors.
Data shows that whale holdings of BROCCOLI rose 8.9% in the past day. Additionally, mega whales — the top 100 addresses — added 0.65% to their holdings.
Combined, these cohorts accumulated over 7 million BROCCOLI tokens in 24 hours, worth close to $170,000 at the current BROCCOLI price.
Even as “smart money” wallets reduced exposure by over 40%, the whale and mega whale accumulation reflects growing conviction in the token’s near-term outlook.
The Money Flow Index (MFI) — a momentum indicator that measures buying and selling pressure using both price and trading volume — is showing a clear bullish divergence.
Between August 7 and October 14, BROCCOLI’s price made a lower low, but the MFI formed a higher low. This means retail inflows are rising even as prices decline, suggesting growing accumulation rather than panic selling.
To confirm strength, BROCCOLI needs to close above $0.027, which could open a rally toward $0.035 and $0.043. On the other hand, a dip below $0.018 would weaken the structure and signal further downside.
