Key Notes
- Whales accumulated millions in ENA, LINK, and AAVE.
- Chainlink Reserve added 89,079 LINK in 24 hours and is about to hit the 1M mark.
- TOTAL3’s descending wedge hints at an imminent altcoin breakout.
The altcoin market is hinting at an upcoming bullish reversal with fresh on-chain data indicating aggressive accumulation in three major tokens, Ethena ENA $0.29 24h volatility: 2.5% Market cap: $2.15 B Vol. 24h: $267.04 M , Chainlink LINK $13.28 24h volatility: 0.0% Market cap: $9.26 B Vol. 24h: $412.92 M , and Aave AAVE $185.0 24h volatility: 1.3% Market cap: $2.81 B Vol. 24h: $205.98 M , led by whales and institutions.
Meanwhile, a technical wedge formation on TradingView’s TOTAL3 chart supports a bullish case for altcoins as well, making ENA, LINK, and AAVE the best altcoins to invest in November 2025.
Whales Accumulate ENA, LINK, and AAVE
According to Lookonchain, a mysterious whale has begun stacking ENA despite a 40% price drop in the past month. The whale withdrew 13.11 million USDC from Binance and Bybit, later depositing 6.6 million USDC USDC $1.00 24h volatility: 0.0% Market cap: $76.06 B Vol. 24h: $3.54 B into Hyperliquid specifically to acquire ENA. So far, this wallet has spent 5.1 million USDC to buy 17.76 million ENA at an average price of $0.2874.
A mysterious whale is buying $ENA .
The whale withdrew 13.11M $USDC from #Binance and #Bybit , then deposited 6.6M $USDC into #Hyperliquid to buy $ENA .
So far, he has spent 5.1M $USDC to buy 17.76M $ENA at $0.2874.
— Lookonchain (@lookonchain) November 28, 2025
A separate whale, “0xE9D0,” has added another 40,433 AAVE (worth $7.1 million) over the past five days. The whale’s total AAVE accumulation now amounts to 292,838 tokens across the last three years, with a cumulative cost basis near $170. Interestingly, the wallet is now sitting on $4.6 million in unrealized profits.
On the other hand, a major accumulation strategy is being executed in the Chainlink ecosystem with the Chainlink Reserve adding 89,079 LINK ($1.2 million) in the past 24 hours, bringing total holdings to 973,753 LINK.
🚨 CHAINLINK RESERVE UPDATE
📥 Received 89,079 $LINK (~$1,201,676)
🏦 From: 0x5680681e…171d
🔗 TX: 0x3948c0c7…97a2fe
💰 Reserve Total: 973,753 $LINK (~$13,135,928 )— Chainlink Reserve (@ChainlinkReserv) November 27, 2025
Chainlink said in a post on X that the reserve is designed to support long-term network sustainability with LINK token buys using off-chain enterprise revenue and on-chain service fees.
TOTAL3 Chart: Wedge Breakdown or Breakout?
The TOTAL3 chart (altcoin market cap excluding ETH) shows the sector inside a descending wedge, a pattern that often precedes sharp breakouts . A breakout above the wedge’s resistance could target $1.06T (0.786 Fib) and $1.22T (1.618 Fib). If bulls continue to favor the rally, the next target would be $1.47T–$1.73T.
Source: TradingView
However, if TOTAL3 fails to reclaim the red resistance zone near $906B–$936B, as shown in the chart below, a retest of the $830B–$770B region is likely, which could result in substantial losses in ENA, LINK, and AAVE as well.
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