Article Summary

**Meme Coin Whales Continue Strategic Buying Despite Market Downturn in Late October** Cryptocurrency whales are making significant moves in the meme coin sector during the fourth week of October, defying broader market sentiment as digital asset investors seek opportunities amid volatility. Despite the meme coin category experiencing a notable 6.8% decline over the past seven days and a 2% drop in the last 24 hours, large-scale investors are accumulating three specific meme cryptocurrencies. The meme coin sector currently ranks among the worst-performing cryptocurrency categories this week, yet whale activity suggests institutional confidence in select tokens. This contrarian buying behavior from major Bitcoin and altcoin holders indicates potential bullish sentiment for specific meme-based digital assets. As the broader cryptocurrency market faces headwinds, these whale movements could signal upcoming price action and market momentum shifts. DeFi and blockchain analysts are monitoring these accumulation patterns closely, as whale activity often precedes significant price movements in the volatile cryptocurrency space. Investors should watch for potential rebounds in targeted meme coins as large holders continue their strategic positioning despite current market challenges.