The first day of the month is already revealing where crypto whales are placing their bets for gains in November. Across several tokens, major players are increasing their positions even as markets remain volatile.

What stands out is how whales are moving differently across sectors, from privacy tokens to decentralized exchanges and even SocialFi projects — hinting at where early strength could surface this month.

Railgun (RAIL)

Crypto whales appear to be lining up behind Railgun (RAIL). It is one of the few tokens seeing strong accumulation for potential gains in November.

The privacy-focused Ethereum token, known for enabling shielded transactions, has drawn heavy whale activity since October 31, just before the start of the new month.

In the past 24 hours alone, whale holdings have climbed 30%, rising from about 185,000 RAIL to 242,500 RAIL. That means whales added roughly 56,000 RAIL, worth nearly $220,000 at the current price. The RAIL price during the same time surged over 40%.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

At the same time, smart money wallets — addresses tied to consistently profitable traders — increased their balances by 8.17%. Exchange reserves dropped 15.67%, showing fewer tokens are being sent to exchanges for sale.

Railgun Whales: Nansen

Combined, these shifts indicate that both whales and experienced traders are positioning early for a possible continuation rally in November.

Railgun’s recent price structure validates this whale and smart money hypothesis. On the 4-hour chart, the 20-period EMA (which tracks short-term price direction) has already crossed above the 50 EMA, confirming a shift toward bullish momentum. The 50 EMA is now approaching the 100 EMA, hinting that another crossover could trigger the next leg of the rally.

If that “Golden” crossover completes, Railgun could target $5.01, a key psychological level, followed by $6.79. However, $3.97 and $3.32 serve as crucial support areas and common rebound bases after rallies.

RAIL Price Analysis: TradingView

A sustained move below $2.28 would invalidate this bullish structure and suggest that whale accumulation might pause. For now, though, crypto whales seem convinced that Railgun could be one of the standout bets for potential gains in November.

Aster (ASTER ($0.97))

The second token crypto whales appear to be eyeing for potential gains in November is Aster (ASTER). It is a next-generation decentralized exchange (DEX) built on the BNB ($1,083.56) Chain, offering both spot and perpetual trading across multiple chains. After a quiet week in October, the Aster whales have turned active again at the start of November.

Over the past 24 hours, whale holdings have increased by 11.98%, raising their total stash to 21.77 million ASTER. This means whales added nearly 2.33 million tokens, worth around $2.3 million.

Even top 100 addresses — the larger “mega whales” — saw a small but steady increase, confirming accumulation across both large and mid-sized wallets.

Aster Whales: Nansen

ASTER is up 7% in the past 24 hours, even though it remains down about 10% for the week, suggesting whales might be positioning early for a rebound.

The price action supports that view. The ASTER price is trading inside a pennant-like pattern, a setup that often appears before strong directional moves. A 4-hour close above $1.06 would signal a breakout and could push prices toward $1.09 or even $1.22 if momentum builds.

However, a drop below $0.94 or $0.92 could invalidate the setup, opening room for a decline to $0.85. Since the lower pennant trend line has only two touch points, it remains a weaker support.

ASTER Price Analysis: TradingView

Still, whales seem to be betting on the upside as ASTER trades closer to its breakout zone. With growing accumulation and a tightening technical setup, Aster could be one of the stronger crypto whale bets for November gains if the breakout confirms.

Pump.fun (PUMP ($0.00))

While crypto whales snapped up Railgun and Aster in the last 24 hours, their accumulation of Pump.fun (PUMP) — a SocialFi project on Solana — has been going on quietly for a full week. Pump.fun lets users easily create and launch meme coins on the Solana network. It is a trend that has generated significant social buzz and rapid rotations among small-cap traders.

Over the past seven days, whale balances have risen 11.84%, lifting their total stash to 17.13 billion PUMP. This means whales added around 1.81 billion tokens, worth close to $8.1 million.

The increase aligns with steady drops in exchange balances. All of that shows that most purchases are being moved off-exchange — a classic sign of conviction buying.

PUMP Whales In Action: Nansen

PUMP is up 10% in the past week and nearly 5% over the past 24 hours, indicating that whales have been buying into strength rather than fading the rally.

On the 12-hour chart, the PUMP price is forming a flag-and-pole pattern, which usually signals a pause before another breakout in the same direction. The token has tested both the upper and lower flag trendlines several times, typical for a volatile new asset consolidating after a rally.

PUMP Price Analysis: TradingView

A break above $0.0049 would confirm a bullish breakout, with short-term targets at $0.0053 and $0.0061. Based on the pole’s projection, a full breakout could push PUMP toward $0.0078, marking a 60% potential move.

If momentum stays strong, even the previous all-time high of $0.0088 could come into play. That way, a move beyond $0.0095 would mark a new record.

For now, whales appear to be front-running the breakout, steadily adding exposure while the market awaits confirmation. The bullish trend will lose effect if the 12-hour PUMP price candle closes under $0.0041.

The post 3 Altcoins Crypto Whales Are Buying For Potential Gains In November appeared first on BeInCrypto.