Cryptocurrencies That Whales Are Buying After Israel-Iran Ceasefire Announcement

Global financial markets breathed a sigh of relief as reports of the conflict between Israel and Iran came to an end. US President Donald Trump announced that he had arranged a ceasefire, just 48 hours after attacking Iran. This led to an increase in Cryptoasset prices.

Therefore, BeInCrypto analyzed three Tokens that whales seem to be quickly buying after the ceasefire.

Virtuals Protocol (VIRTUAL)

Virtuals Protocol has attracted the attention of whales, albeit minimally, with only $25,000 worth of VIRTUAL purchased in the past 24 hours. Nevertheless, this altcoin also faces significant selling pressure, indicating a balance between accumulation and distribution. This has led to mixed market sentiment around the short-term price volatility of this asset.

Recent sales were primarily profit-taking, as whales took advantage of VIRTUAL's 23% price increase over the past 24 hours. However, selling activity has exceeded accumulation, with nearly 1 million VIRTUAL being brought to exchanges during this time. This suggests that many investors are looking to take profits rather than accumulate more.

VIRTUAL remains an important altcoin to watch after a strong start in Q2, maintaining growth despite the overall market downturn. If whale accumulation becomes stronger, it could push VIRTUAL back above $2, signaling potential for continued momentum. Investor interest will depend heavily on the actions of major market players.

Uniswap (UNI)

UNI whales have purchased over 200,000 UNI, valued at more than $1.4 million, in just 12 hours today. This increase in whale activity follows the market's positive reaction to the ceasefire announcement, seemingly reigniting interest from large investors in Uniswap's potential.

The impact of this accumulation is reflected in Uniswap's price, which has increased 9% in the past 24 hours. This price volatility indicates strong demand from major market players, signaling confidence in Uniswap's future growth despite overall market uncertainties.

However, the future direction remains uncertain, as exchanges do not show significant inflows, indicating that selling activity remains low. Whether this leads to further accumulation or profit-taking by investors will depend on how the overall market reacts in the coming days.

Aerodrome Finance (AERO)

AERO has experienced whale activity similar to UNI, with whales gradually accumulating this asset. In less than 24 hours, over 2 million AERO, valued at more than $1.6 million, has been purchased. This accumulation signals growing interest from large investors, creating a positive tone for AERO's price volatility.

AERO has attracted investor attention due to its impressive 61% increase since the beginning of June. The altcoin is now approaching the $1 mark, currently only 19% away from this important price level. This growth demonstrates strong momentum, and AERO is becoming an increasingly attractive investment.

This growth is likely to continue as investors focus on accumulating AERO rather than selling. After a 5% price increase, exchanges show more outflows than inflows, indicating that buying activity is more prominent than selling. This trend suggests sustained investor confidence and potential for further price appreciation.