The first few days of November have already started to reveal where crypto whales, the large holders known for influencing market trends, are directing their capital. Despite broader market volatility, several whale wallets have been steadily increasing their exposure to specific altcoins across varied sectors, including privacy protocols, decentralised exchanges, and SocialFi platforms.
This cross-sector accumulation trend indicates that whales are not only seeking short-term rebounds but are potentially positioning for stronger rallies through the month. On-chain data shows notable upticks in large wallet activity, exchange outflows, and accumulation patterns, classic signs of quiet confidence in select projects.
Three altcoins, in particular, stand out for their sharp increase in whale accumulation and technical strength: Railgun (RAIL), Aster (ASTER), and Pump.fun (PUMP). Each represents a different segment of the crypto ecosystem, offering insight into where institutional and high-net-worth traders believe early strength could emerge this month.
Railgun (RAIL): Privacy Token Draws Heavy Whale Accumulation
Among the most actively accumulated assets this month is Railgun (RAIL), a privacy-oriented token built on Ethereum. Designed to enable shielded transactions, Railgun has been gaining attention as privacy becomes a growing concern in DeFi.
Since October 31, whale activity around Railgun has surged sharply. In the past 24 hours alone, large holders increased their collective balances by 30%, rising from around 185,000 RAIL to 242,500 RAIL. That equates to an addition of approximately 56,000 tokens, valued near $220,000 at current prices.
During this period, the RAIL price spiked by over 40%, confirming that whales are not merely accumulating in dips but actively buying into strength. Smart money wallets, addresses tied to consistently profitable traders, also increased holdings by 8.17%, reinforcing the bullish sentiment. Meanwhile, exchange reserves dropped 15.67%, suggesting fewer tokens are being sent to exchanges for potential sale, another indicator of confidence among large investors.
Technically, RAIL’s price action aligns with this accumulation narrative. On the 4-hour chart, the 20-period EMA has crossed above the 50 EMA, a common short-term bullish signal. The 50 EMA is now approaching the 100 EMA, and if it crosses above, the move could form a “Golden Crossover”, a pattern often preceding sustained uptrends.
In that case, RAIL could target resistance zones near $5.01 and $6.79, while supports lie around $3.97 and $3.32. A sustained move below $2.28 would invalidate this structure and suggest the current whale accumulation phase might slow down.
For now, however, Railgun remains one of the most promising privacy tokens in whale portfolios, a potential standout performer if the bullish crossover confirms.
Aster (ASTER): DEX Token Poised for Breakout
The next token gaining whale attention is Aster (ASTER), a decentralised exchange (DEX) built on the BNB Chain that supports both spot and perpetual trading across multiple blockchains. After a relatively quiet October, whales appear to have reignited interest in Aster as November trading begins.
Over the past 24 hours, whale holdings have risen 11.98%, bringing their total to 21.77 million ASTER. That means whales added about 2.33 million tokens, worth roughly $2.3 million. Even among the top 100 addresses, accumulation has ticked higher, a sign that both large and mid-sized investors are aligning positions in anticipation of a potential breakout.
While the broader market has struggled, ASTER’s price is up 7% in the last 24 hours, although it remains 10% down for the week. This divergence suggests whales may be betting on an early rebound before the broader market follows.
On the technical front, ASTER’s price is currently consolidating inside a pennant-like formation, a setup that often precedes sharp directional moves. A decisive 4-hour close above $1.06 could signal a breakout, opening room for targets near $1.09 and potentially $1.22 if momentum builds further.
Conversely, a fall below $0.94–$0.92 would invalidate the pattern, possibly pushing prices toward $0.85. However, the token’s recent movement closer to the upper range of the pennant, alongside continued whale accumulation, suggests that traders are positioning for an upside breakout.
With Aster sitting near a potential breakout point, the combination of tightening consolidation and increasing large-wallet exposure makes it one of the key DEX tokens to watch for November’s trading cycle.
Pump.fun (PUMP): SocialFi Whales Quietly Accumulate
While Railgun and Aster have seen sharp surges in whale interest over the last 24 hours, accumulation of Pump.fun (PUMP), a SocialFi project on Solana, has been building quietly over the past week.
Pump.fun has captured widespread attention for its unique platform that lets users create and launch meme coins seamlessly on Solana. As the meme coin meta continues to thrive, the project has emerged as a pivotal player in the SocialFi and community-driven token creation space.
Over the past seven days, whale holdings in PUMP have increased 11.84%, taking total balances to 17.13 billion tokens, an addition of about 1.81 billion PUMP, valued at approximately $8.1 million. The consistent accumulation has coincided with steady declines in exchange balances, confirming that most of the buying activity is being moved to private wallets, a classic indication of long-term conviction buying.
In terms of price action, PUMP is up 10% over the week and nearly 5% in the last 24 hours, showing that whales have been buying into an uptrend rather than fading it. On the 12-hour chart, PUMP is currently forming a flag-and-pole continuation pattern, a consolidation phase that typically precedes another upward breakout.
A breakout above $0.0049 would confirm the bullish setup, with near-term targets around $0.0053 and $0.0061. Based on the height of the flagpole, a full breakout could extend gains toward $0.0078, marking a potential 60% move. Sustained momentum could even bring the previous all-time high of $0.0088 back into focus, and a move beyond $0.0095 would mark a new record for the token.
However, if the 12-hour candle closes below $0.0041, it would invalidate the bullish flag and may trigger a temporary cooldown. For now, though, whales appear to be front-running the breakout, accumulating steadily while retail traders await confirmation.
Whales Hint at November’s Potential Winners
The common thread linking Railgun, Aster, and Pump.fun is the timing and intent behind the whale activity. Rather than short-term trading, the accumulation patterns across privacy, DEX, and SocialFi sectors indicate a strategic rotation toward assets with distinct narratives and technical strength.
While markets remain uncertain and liquidity uneven, whale accumulation often acts as a leading indicator of emerging momentum. With privacy solutions gaining traction, decentralised exchanges attracting liquidity, and SocialFi projects dominating retail attention, these three altcoins could be early signals of where institutional capital expects the next wave of strength to form in November.
As always, traders should remain cautious, but for now, the whales are speaking clearly.
