What do crypto whales chasing quick profits buy?

With the end of June approaching and market activity intensifying in anticipation of the potential launch of a spot Ethereum ETF in July, crypto whales are piling up various assets.

Lido (LDO) whales increase their holdings

Read (LDO) , the management token of Lido Finance, the largest liquid staking protocol of Ethereum by Total Value Blocked (TVL), trading at $2.36 at the time of writing.

As expectations for an S-1 filing for the spot ETH ETF grow in the coming weeks, whales are piling up LDOs anticipating a price spike after the ETF's launch.

The number of LDO whales holding between 1,000,000 and 100,000,000 tokens has increased by 2% in the past week, now numbering 114 investors. Notably, on June 15 this number had fallen to a YTD low of 111 addresses, but the potential for a spot Ethereum ETF spurred increased LDO purchases.

Aave (AAVE) is experiencing a surge in large transactions

AAVE (AAVE) , the management token of the popular decentralized credit crypto platform, has seen a significant increase in the volume of large transactions.

Over the past month, AAVE's daily transactions between $10,000 and $100,000 have grown by 128%. Transactions valued between $100,000 and $1 million increased by 186% during the same period.

Toncoin (TON) is seeing a serious whale build-up

Toncoin (TON) has risen 19% over the past 30 days, reaching an all-time high of $15 on June 8.24. At the time of writing, TON is trading at $7.70.

As holders expect further upside, TON whales have intensified their accumulation. The data reveals that the number of TON investors holding between 10,000,000 and 100,000,000 tokens has increased by 12% in the last 30 days.