3 altcoins that whales are selling at the end of October

Whales sold about 3.62 trillion SHIB for approximately $355 000
Large holders have sold about 30 million ADA.
Whales have reduced their holdings by approximately 390,000 ZORA
Whales are actively selling off several large altcoins at the end of October. Since October 13, the total market capitalization of altcoins has decreased by more than 11% — from $1.62 trillion to $1.45 trillion.

The decline is due not only to the overall drop in market prices — large investors are gradually reducing their positions. There are three altcoins that whales are selling off the fastest.
Shiba Inu (SHIB)

Whales seem to be losing interest in Shiba Inu. Large investors are gradually getting rid of their assets since October 18.

Data shows that wallets with large volumes of this meme coin have reduced their holdings from 697.88 trillion to 694.26 trillion, which amounts to approximately 3.62 trillion SHIB, valued at around $355 000 at a price of $0.0000098.
The token has been moving in a symmetrical triangle since October 10, indicating uncertainty among market participants. From October 14 to 20, the price formed lower highs, while the (RSI), which measures price momentum, showed higher highs. This pattern is known as hidden bearish divergence, often signaling a continuation of the downtrend.
SHIBA INU has fallen by 27.2% over the last three months, confirming the ongoing downward trend.
Daily closes below $0.0000097 could send the price down to $0.0000092, while a breakout above $0.000010 could open the way to $0.000011.
Cardano (ADA)

Cryptokites holding ADA in the range of 100 million to 1 billion tokens have started to reduce their positions since October 17. Their total holdings have decreased from 4.07 billion ADA to 4.04 billion ADA, equivalent to the sale of approximately 30 million ADA, worth nearly $19 million.
The timing of this sale matters. On October 17, ADA briefly broke below the lower line of the ascending channel. It has only two touch points, and structurally the line is weak. This breakout seems to have caused a slight panic among the whales.

Although ADA recovered later, the sales did not stop, which indicates investor uncertainty about the coin's growth prospects.
Between October 13 and 20, the price formed a lower high, while the Relative Strength Index (RSI) showed a slightly higher high, indicating hidden bearish divergence. This pattern typically indicates a continuation of the trend (declining by 21% over the last three months), rather than a reversal. If ADA does not hold at the $0.61 level, it may drop to $0.59 or even $0.50.
To refute the bearish forecast, ADA must overcome the resistance level at $0.86, which is 36% higher than the current level. This level has already limited Cardano's rallies more than once. Until then, the target level around $1.12 (breakout point of the channel) remains unlikely — at least for now.
Zora (ZORA)

ZORA whales are exiting the game. They are likely taking profits after a strong monthly rally. The token has risen by more than 61% in the last 30 days, but has fallen by 15.6% in the last week as large holders began to sell.
Whale wallets have reduced their holdings by 6.71%, decreasing their total volume to 5.45 million ZORA. This means that approximately 390,000 ZORA tokens have been sold in the last seven days.
After breaking out of the inverted "head and shoulders" pattern, the coin consolidates within a symmetrical triangle, indicating a pause in movement.

If the level of $0.091 is not sustained, a deeper correction may follow to $0.083 or even $0.065.
The behavior of the coin resembles more of a profit-taking phase than a complete trend reversal. A daily close above $0.10, and then $0.11, nullifies the short-term bearish scenario, opening the way for new growth — and possibly a resurgence of whale interest.