Whale Accumulation Sparks Hope for AVNT, PROVE, PLUME Amid Altcoin Downturn

Three Low-Cap Altcoins Show Signs of On-Chain Accumulation in December

Despite the broader altcoin market remaining subdued and market sentiment stuck in a bearish state, some low-cap altcoins are showing signs of accumulation. This has led analysts to speculate that large investors are preparing for potential price increases in the coming months. On-chain data reveals that three altcoins in particular have caught attention due to whale activity and technical patterns.

These tokens-Avantis (AVNT), Succinct (PROVE), and Plume Network (PLUME)-each represent different segments of the cryptocurrency space, including decentralized exchanges, privacy-focused blockchain solutions, and real-world asset tokenization. Their recent on-chain behavior is being closely watched for signs of a possible turnaround.

Whale accumulation is a key indicator of potential price movements in the crypto market. When large investors move tokens from exchanges to private wallets, it is often seen as a sign of long-term confidence in the asset. For AVNT, PROVE, and PLUME, this activity is raising expectations among traders and analysts.

On-Chain Activity Indicates Whale Position-Building

Avantis (AVNT), a decentralized exchange token on the Base network, has a market cap of approximately $89 million. After a sharp price drop of more than 85% from its October breakout phase, the token has stabilized around $0.30. According to Nansen data, whale wallets have accumulated 11 million AVNT in December. This was accompanied by a 1.88% increase in total balance of the top 100 wallets and a 4.9% decline in exchange reserves. Such a shift often signals a move toward holding rather than trading, which could indicate a potential price rebound.

From a technical analysis perspective, AVNT is believed to be in the final stage of a falling-wedge pattern. This is a bullish reversal formation that typically precedes an upward breakout. The number of AVNT holders also increased by nearly 4,000 in the last 30 days, adding to the optimism around the token.

Succinct (PROVE) is another token showing signs of on-chain accumulation. The privacy-focused blockchain project has a market cap of $75.6 million and has seen a 77% price decline since its listings on major exchanges . However, Nansen data reveals that whale wallets have added 5.34% of the token in recent months, while exchange reserves dropped by 1.24% . This accumulation has coincided with a slowdown in the price decline, suggesting a potential floor for the token.

Real-World Asset Tokenization Gains Momentum

Plume Network (PLUME), a layer-2 blockchain for real-world assets, has also seen significant whale activity. With a current market cap of $60 million, PLUME has endured an 85% price drop in the last quarter of the year. However, whale wallets have accumulated nearly 7 billion PLUME tokens, and the price has rebounded by 35% from $0.014 to $0.019 . This accumulation has halted a three-month downtrend and has raised expectations for the token's future performance.

The growing interest in RWA tokenization is a key factor behind PLUME's recent optimism. A recent BeInCrypto report noted that the RWA market reached a new all-time high in December despite widespread market fear . Plume's CEO, Chris Yin, has projected 10–20x growth in value and user base by 2026, which could significantly benefit low-cap tokens like PLUME.

What This Means for Investors

The accumulation seen in AVNT, PROVE, and PLUME is raising hopes among investors and analysts. These three projects represent different but promising blockchain themes-decentralized exchanges, privacy, and real-world asset tokenization. All three have shown resilience in a challenging market environment, and their on-chain activity suggests that whales are positioning for potential price moves in the near future.

Investors are advised to monitor the technical developments and whale behavior closely. While the broader altcoin market remains in a bearish phase, these three tokens could serve as early indicators of a potential turnaround. Whale accumulation, combined with favorable technical patterns and growing demand in specific sectors, may provide a foundation for future price recovery.