Key Insights:
- The altcoin market may be approaching a critical moment after posting a massive rounded accumulation setup on the Total2 chart.
- A rounded accumulation setup appears when markets have been worn down by time, sentiment has cooled, and accumulation quietly replaces distribution.
- An $11 billion Bitcoin whale who correctly predicted the $19 billion crash in October opened a long position worth $748 million across BTC, ETH, and SOL.
According to a top crypto commentary channel, the altcoin market may be approaching a critical moment. It posted a massive, rounded accumulation setup on the Total2 chart.
As this bullish signal unfolds, a Bitcoin whale holding over $11 B BTC sold off $330 million of Ethereum tokens. The whale reinvested into a $748 million long position across Bitcoin, Ethereum, and Solana.
Altcoin Market Prepares for Rally Amid Massive Rounded Accumulation
The Total2 chart tracks the altcoin market (and excludes only Bitcoin). It is beginning to resemble a long-term massive rounded accumulation, as per a recent tweet by BitcoinConsensus.
Essentially, a rounded accumulation setup appears when markets have been worn down by time, sentiment has cooled, and accumulation quietly replaces distribution.
On the higher time frame, Total2 is shaping into a broad, multi-year rounded bottom. This is neither a rushed setup nor is it driven by short-term speculation. Bitcoin USD price has spent years moving sideways. It has absorbed supply through shallow pullbacks and gradual recoveries.
When the breakout finally arrived, it came with force. Total2 went on to rally roughly 400%, marking the start of a powerful altcoin expansion. Today’s structure echoes that phase closely, both in shape and in the time it has taken to develop.
What stands out now is how the price is behaving near the resistance level. Sellers appear less aggressive, and deep retracements are no longer the norm.
Instead, the market is pushing higher in a controlled manner, holding above the rounded support curve. On HTF charts, this is often how mature accumulation reveals itself.
Should Total2 confirm a clean break above this range, the broader implications would be hard to ignore. The projected move points to another strong growth phase, which could drive altcoin prices higher. The timing is uncertain, but the setup is already in place.
For now, this is not a momentum chase. It is a base-building phase. And history shows that when markets emerge from long, rounded accumulations, they tend to move faster and farther than most expect.
Bitcoin Whale Opens Massive $748M Long After Selling $330M Worth of ETH
A $11 billion Bitcoin whale, who correctly predicted the $19 billion crash in October, is now turning bullish again. After locking in $330 million in Ether profits, the investor did not stay on the sidelines for long.
On-chain data shows a swift return to risk, with three leveraged long positions opened for a combined $748 million. The bets target upside in Bitcoin, Ether, and Solana.
Ether carries the most weight in the strategy. The whale opened a position worth about $598 million near the $3,147 level, according to data shared by Lookonchain on Tuesday. That trade would only be threatened if Ether were to slide below $2,143.
The size and timing of these trades show a trader with a strong track record is confident again. While most of the market is cautious, one major player clearly believes prices could rise.
Recent activity indicates that the whale is betting on a near-term rebound in the three main cryptocurrencies.
Even with approximately $49 million in unrealized losses, the investor has kept the positions open. That demonstrates the willingness to ride out short-term fluctuations in the hope of a potential gain.
Source: https://www.thecoinrepublic.com/2025/12/31/altcoin-market-eyes-a-rally-as-a-bitcoin-whale-opens-748m-long/
