The crypto crash in early November took the market by surprise, contradicting expectations for a strong and optimistic month. Between November 4 and November 5, sharp declines across major Token disrupted market sentiment and wiped out short-term gains. However, altcoins that whales are buying continue to stand out.
On- chain data shows that large holders are quietly accumulating Token with structural breakouts, initial skewness, and stronger technical setups. All of which are signs that big money may be ready for the next rally with or without retail participation.
Aster (ASTER)
The first altcoin that whales are buying after the early November crash is Aster (ASTER), a BNB Chain project focused on decentralized exchanges. Over the past 24 hours, Aster whales have increased their holdings by 12.58%, now owning 43.62 million ASTER.
This means that whales added about 4.9 million Token, worth about $5.46 million at current prices. Interestingly, exchange balances increased by 0.72%, suggesting that while whales are quietly accumulating, some retail or early investors are likely taking profits — a pattern often seen when whales buy altcoins during early recoveries.
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Technically, ASTER continues to trade within a Falling Wedge, a pattern that typically signals a bullish reversal as prices compress. The Token ’s sharp drop on November 4 was followed by a clear bullish divergence on the Relative Strength Index (RSI). This is a momentum indicator that compares recent gains and losses to determine whether an asset is oversold or overbought.
Between October 10 and November 3, ASTER price made a lower Dip while RSI made a higher Dip , suggesting that selling pressure was decreasing. Since then, ASTER price has been steadily increasing.
If this momentum continues, a breakout above $1.28, then $1.53 — about 36.8% higher than current levels — would confirm the move and open up a potential path towards $2.21. This would mean a wedge breakout and turn the ASTER price structure completely bullish.
ASTER Price Analysis: TradingViewHowever, the key support level remains at $0.93, and if this fails to hold, Aster could drop back to $0.81 or lower if broader market conditions continue to worsen.
Bio Protocol (BIO)
The next altcoin that whales are buying after the early November crash is Bio Protocol (BIO), a decentralized science (DeSci) project built on Ethereum . Despite falling 44.2% over the past month, the Token has been trading steadily over the past 24 hours — suggesting that the sharp sell-off may be stabilizing.
Over the past day, Bio Protocol whales increased their holdings by 87.07%, now holding 1.89 million BIO. This means they added about 880,000 Token. Mega whales — the top 100 addresses — also increased their holdings by 0.07%, now sitting at 2.98 billion BIO, adding another 2.09 million Token . In total, whales and mega whales have picked up nearly 2.97 million BIO, worth nearly $226,000 — showing a quiet but clear accumulation at low levels.
Whale BIO Protocol: NansenThe technical structure supports this accumulation phase. The On-Balance Volume (OBV) indicator, which measures cumulative buying and selling volume by adding up volume on up days and subtracting it from down days, has been forming a downtrend line since late September.
Between September 21 and October 27, OBV formed a series of lower highs, creating a clear resistance slope. On November 2, BIO's OBV briefly crossed above that line, leading to a price increase between October 31 and November 2. Although the initial move failed, a new breakout attempt began, marked by a green daily candle.
BIO Price Analysis: TradingViewIf the OBV breakout sustains, the first resistance to watch is near $0.097, which aligns with the 50% Fibonacci retracement level. A close above this level could open the way to $0.12 and $0.16, confirming the uptrend. However, if BIO loses $0.066, it will fall back below the OBV trendline — signaling renewed weakness. That could send BIO price to new lows.
The third altcoin that “whales” are buying is syrup (SYRUP)
The third altcoin that whales are buying is Syrup (SYRUP), a DeFi Token that plays a Vai in Maple Finance's Staking and lending platform. Whale accumulation of Syrup has increased significantly since November 4, right after the market correction.
Two whale groups led the move. The larger group, holding between 100 million and 1 billion SYRUP, increased their balance from 447.95 million to 448.18 million SYRUP. That means they added about 230,000 Token in just two days. Meanwhile, smaller whale addresses holding between 10 million and 100 million SYRUP made a more dramatic move. They increased their Token from 397.29 million to 425.09 million SYRUP — an increase of about 27.8 million Token.
Whale Syrup: NansenTogether, these two groups added nearly 28 million SYRUP (worth $11.50 million), clearly indicating renewed confidence among large holders.
This strong consolidation is consistent with important technical signals. From August 25 to November 4, the RSI (Relative Strength Index) on the daily chart created a bullish divergence. The price fell to lower lows while the RSI formed higher lows, which is often an early signal of a trend reversal.
Additionally, Chaikin Money Flow (CMF), which XEM whether money is flowing into or out of an asset, has just crossed slightly above a downtrend line drawn from October 14. This indicates new money inflows from large wallets, further reinforcing the whale-led accumulation.
SYRUP Price Analysis: TradingViewThe next confirmation of SYRUP’s recovery would come if CMF rises above zero, which would validate sustained buying momentum. On the price front, the first major resistance lies near $0.46, about 13% above the current level of $0.41. A close above this level could see SYRUP move towards $0.53 and beyond. Conversely, strong support lies at $0.36, and if it fails to hold, the Token could retest $0.31 or lower.


