What are cryptocurrency whales buying after the FOMC cuts interest rates?

The Federal Reserve's move to cut interest rates by 25 basis points (Fed) has not brought about much positive change in the crypto market. The price of Bitcoin and the price of Ethereum continue to be in the red, with the total market capitalization falling by 1.6%, reflecting that most expectations regarding the policy had already been priced in. However, the buying trend of large investors (whales) after the FOMC decision has become the focus of analysts.

Organizations and individuals holding large amounts of cryptocurrency are quietly shifting their capital into tokens showing signs of falling selling pressure and possessing a solid technical foundation. According to the latest data, three types of assets are recording strong accumulation from whales since the monetary policy changed, each showing that the confidence of large investors is increasing as we enter November.

Cardano (ADA)

Shark groups holding between 1 million and 10 million ADA have continuously increased their holdings since yesterday, rising from 5.57 billion ADA to 5.59 billion ADA—equivalent to an increase of about 20 million ADA, worth approximately 12.8 million USD at the current price of 0.64 USD/ADA.

This is a group of investors who often lead the early buying cycles, before larger sharks enter the market. Although ADA has fallen about 20% in the past month, the active movements of the sharks indicate that the potential for recovery is gradually forming.

ADA whales | : SantimentOn the 12-hour chart, the price of ADA is operating within a symmetrical triangle pattern, reflecting a state of indecision and accumulation before a potential breakout. This token is still holding the support level of 0.64 USD; if it surpasses the 0.66 USD mark, the price could move towards 0.68 USD — corresponding to a 6.5% increase.

If the momentum continues, the next resistance level will be 0.73 USD. The Wyckoff Volume chart, which tracks buying/selling pressure through volume patterns, shows that the sellers have lost their initiative since October 29. A similar shift occurred around October 22-23, which helped the price of ADA increase by 9.37% shortly thereafter.

ADA Price Analysis | Source: TradingViewWhales may be hoping for history to repeat itself, turning ADA into a classic example of a buy strategy following the Fed's interest rate cuts. However, if it loses the support level of 0.64 USD, the price of ADA could continue to plummet to 0.62 USD, even 0.60 USD, undermining the confidence of large investors.

Ethena (ENA)

Alongside Cardano, Ethena (ENA) is also a notable name that has seen renewed interest from whales following the FOMC's decision.

The shark group holding between 100 million and 1 billion ENA — a force capable of strongly influencing the crypto market — has significantly accumulated over the past 24 hours. The total amount of ENA held by this group increased from 6.79 billion ENA to 6.9 billion ENA, equivalent to an increase of 0.11 billion ENA, worth approximately 46.2 million USD at current prices.

Whales ENA | Source: SantimentAccumulation activity occurs after a month full of volatility, with ENA prices falling 21%, similar to the movement of Cardano. However, the recent buying move indicates that whales are betting on a potential price reversal.

On the 12-hour chart, ENA is moving in a descending expanding wedge pattern — a technical pattern that often signals a breakout opportunity as the structure tightens. Ethena previously attempted to break out on October 27 but was unsuccessful due to the appearance of hidden bearish divergence.

This divergence occurs when the price creates a lower high but the RSI ( measuring buying/selling strength ) creates a higher high, indicating that the sellers are regaining short-term control and cutting off the upward momentum.

However, Ethena has bounced back from the important support area of 0.41 USD. If it holds this level, the price could aim for 0.45 USD ( the nearest resistance ) and then 0.53 USD. A sustainable breakout above 0.49 USD — the upper trendline of the wedge pattern — will confirm the bullish trend, opening up the prospect of moving towards 0.65 USD.

Price analysis of ENA | Source: TradingViewNotably, the RSI index and price have returned to a state of agreement, eliminating the previous divergence.

If this consensus continues and the threshold of 0.41 USD is maintained, the whales may be right to place their trust in ENA. This token may be preparing for a strong recovery phase after the FOMC bottom. Conversely, if this level is broken, the bullish outlook will be negated, opening up the risk of a deep fall to levels like 0.34 USD or even 0.28 USD in the short term.

Aster (ASTER)

The third token that has recorded strong accumulation following the Fed's interest rate cut is Aster (ASTER) — a decentralized perpetual contract trading platform.

In the past 24 hours, whales have increased their holdings of ASTER by up to 26.43%. Their total current ASTER amounts to 15.67 million ASTER, which is an increase of about 3.27 million ASTER, valued at approximately 3.33 million USD at current prices.

Aster whales | Source: NansenThis strong accumulation reflects the increasing interest of large investors, making ASTER one of the most heavily purchased tokens following the interest rate cut decision.

In the past month, ASTER has lost 43.2% of its price increase, confirming a clear downtrend. However, technical signals suggest that this trend is approaching a reversal point.

On the 12-hour chart, ASTER is moving in a descending broadening wedge pattern — a formation that often leads to a breakout when the price crosses above the upper trendline. The level of 0.93 USD has served as strong support and continues to hold. If ASTER stays above this mark, the next target will be 1.12 USD, followed by 1.28 USD. A decisive breakout above 1.79 USD will confirm a major trend reversal.

The period from 10/10 to 29/10 saw prices creating lower lows, while the RSI index created higher lows — a bullish divergence signal that often indicates a recovery. Coupled with continuous accumulation by whales, the scenario of buyers regaining control of the market is being reinforced.

ASTER Price Analysis: TradingViewIf these support levels continue to be maintained, ASTER may enter a strong recovery phase, becoming the focus of whales' investment portfolios this week. Conversely, if it loses the 0.93 USD mark, the short-term bullish forecast will be invalidated, opening up the risk of establishing new lows.

In summary, after the Fed's decision to cut interest rates, cryptocurrency whales are focusing on tokens with solid technical foundations and clear signs of accumulation, promising to create significant changes in the crypto market in the near future.

Mr. Giáo