Mainstream coins are still fluctuating up and down, but one piece of news in the circle has already caused a stir—an big whale dumped $8 million, going all-in on 11 altcoins at once, and opened 3-10x leverage long positions. Coins like XPL, IP, MON, and STBL are among them. The question is: does this signal that altcoins are about to take off?

Don't underestimate the actions of a giant whale. Historically, before major market moves, these large funds would preemptively position in altcoins. Why? Because altcoins are highly elastic; once the market starts moving, their gains are often several times that of mainstream coins. This time, the whale dares to place such heavy bets and even use leverage, indicating strong confidence in the market’s future.

However, for the altcoin season to truly kick off, two conditions must be met. First, mainstream coins need to stabilize and recover from their lows, forming an upward trend, so that retail investors dare to invest in high-risk assets. Second, the market must have sufficient liquidity; without liquidity, even the best coins can't be pushed up.

The current environment is quite favorable. The 2026 bull market is heating up, mainstream coins are gradually recovering, and liquidity is slowly improving. These conditions lay the foundation for an explosion in altcoins.

But a word of caution—ordinary investors must not follow blindly. Most altcoins are shells with no real application, relying solely on hype to support their prices. Plus, using leverage can double or triple the risk; when the market reverses, many will be forced to liquidate. Picking altcoins is actually quite difficult; without solid fundamental analysis skills, it’s easy to get caught in traps. It’s recommended to start with coins that have real use cases and sufficient liquidity.