What Crypto Whales Are Buying After Fomc Rate Cuts

What Happened

Large investors are quietly rotating into a few tokens showing reduced selling pressure and strong technical setups. Data points to three assets where whale accumulation has picked up since the policy shift — each showing signs of building conviction heading into November.

Market Context

The US Federal Reserve’s 25-basis-point rate cut didn’t excite the crypto market much. Bitcoin and Ethereum stayed in red, and total market capitalization slipped 1.6%, showing the decision was mostly priced in. Still, what crypto whales are buying after FOMC rate cuts has become a key talking point.

Whales holding between 1 million and 10 million ADA have added steadily since yesterday, increasing their stash from 5.57 billion to 5.59 billion ADA. That’s roughly 20 million ADA added, worth about $12.8 million at the current price of $0.64.

On the 12-hour chart, ADA trades inside a symmetrical triangle, reflecting indecision but also consolidation before a breakout. The token continues to hold the $0.64 support, and a move above $0.66 could send prices toward $0.68, a 6.5% upside.

If momentum continues, $0.73 would be the next resistance. The Wyckoff Volume Chart, which tracks buying and selling pressure through volume patterns, shows sellers losing control since October 29. A similar shift between October 22–23 led to a 9.37% price increase soon after.

Whales may be betting on a repeat, making this one of the clearer examples of crypto whale purchases after the much-anticipated Fed rate cuts. Yet, losing $0.64 could push ADA prices lower, making $0.62 and even $0.60 possible. That would invalidate the whale-led optimism.

The 100 million to 1 billion ENA cohort — a large whale group capable of driving strong market moves — has added notably over the past 24 hours. Their combined holdings grew from 6.79 billion to 6.9 billion ENA, an increase of 0.11 billion ENA worth roughly $46.2 million at the current price.

This accumulation comes after a volatile month where Ethena’s price dropped 21%, mirroring Cardano’s trajectory. But the recent buying suggests whales are positioning for a potential upside reversal.

This occurs when the price makes a lower high while the Relative Strength Index (RSI) — which measures buying versus selling strength — makes a higher high. It indicates that sellers regained short-term control, cutting the rally short.

Notably, RSI and price have started to move in sync again, nullifying the earlier divergence.

Crypto whales have been buying ASTER aggressively in the past 24 hours, adding 26.43% to their stash. Their total balance now stands at 15.67 million ASTER. That’s roughly 3.27 million ASTER, worth about $3.33 million at the current price.

On the 12-hour chart, ASTER trades within a falling broadening wedge. It is a bullish pattern that often leads to upside breakouts once the price clears the upper trendline. The $0.93 level has served as strong support and continues to hold. If ASTER can stay above this level, the next immediate target is $1.12, followed by $1.28. A decisive breakout above $1.79 would confirm the larger trend reversal.

Why It Matters

This smaller whale cohort often leads early buying cycles before larger holders follow. Cardano has dropped around 20% over the past month, but the reignited whale activity suggests a potential rebound.

On the 12-hour chart, ENA trades inside a falling broadening wedge — a bullish pattern that typically signals a possible breakout higher once the structure tightens. Ethena attempted a breakout on October 27, but it failed as a hidden bearish divergence formed.

Still, Ethena has rebounded from the key $0.41 support, and if that level holds, a move toward $0.45 (immediate resistance) and then $0.53 could unfold. A sustained break above $0.49, where the upper trendline of the wedge currently lies, would confirm the bullish reversal, opening the door to $0.65.

If this alignment continues and $0.41 remains intact, whales could be right. ENA may be gearing up for a rebound from its post-FOMC lows. But if ENA breaks this key level, the bullish outlook might disappear. That would open the door to lower levels like $0.34 and even $0.28 in the near term.

Over the past month, ASTER has given away 43.2% of its gains, confirming that it has been in a clear downtrend. However, the trend might now be nearing a reversal. And the technicals do give it away.

Details

Cardano (ADA)

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Ethena (ENA)

Besides Cardano, another token seeing renewed whale activity after the FOMC rate cuts is Ethena (ENA).

Aster (ASTER)

The third token seeing increased accumulation since the FOMC rate cut is Aster (ASTER), a decentralized perpetual exchange platform.

This sharp pickup in whale accumulation shows growing interest from large traders, making ASTER one of the strongest crypto whale purchases post the rate cuts.