GHOST is bullish as privacy cryptocurrencies gain momentum. It has attracted big investors after rising more than 60% in the previous week. The alt maintains its bullish stance as the whale has accumulated 4.8 million tokens.
While the entire crypto market is exhibiting significant selling pressure, GHOST is one of the few tokens on an upward trajectory.
The digital token has grown over the past few sessions as privacy cryptocurrencies gain momentum and Zcash leads the trend.
Meanwhile, GHOST’s impressive performance has attracted the attention of wealthy investors.
For context, Alternatives has surged about 65% over the past seven days.
According to Lookonchain, the new wallet withdrew 523.39 SOL worth approximately $100,500 from Binance to purchase approximately 4.8 million GHOST coins in the past 24 hours.
Someone created a new wallet 8tqszG and withdrew 523.39 $SOL($100.5K) from #Binance to purchase 4.8 million $GHOST.
Address: https://t.co/OOn2Pcddqj pic.twitter.com/3Fl2LWF7hg
— Lookonchain (@lookonchain) October 31, 2025
The deal has sparked speculation due to its timing. Should we expect a continued rise in altcoins?
This entry appears to be strategic as it was made during bullish price action and may indicate confidence in GHOST’s long-term upside.
About ghosts
Ghost is a decentralized platform that aims to transform the world of cryptocurrencies while ensuring privacy.
The network uses GHOST as its native token. This ecosystem allows individuals to conduct transactions anonymously and privately.
While assets like Bitcoin have all transaction history publicly available, Ghost obfuscates transactions across the network.
It hides the transaction details of the sender and receiver, ensuring maximum privacy.
Altcoins continued to gain traction in recent sessions as privacy tokens gained attention.
For example, Zcash soared nearly 400% in October as the entire cryptocurrency sector grappled with uncertainty. GHOST rose about 115% last month.
whales promote optimism
The whale transfer sparked a ghost community, with social posts mentioning the token gaining traction.
Some question the whale’s motives, while others see the buildup as a sign of confidence in the project.
Trading volumes reflected heightened sentiment. GHOST’s daily trading volume surged more than 600% to $281,000.
This reflects renewed user interest in digital currencies.
Ghost also appears to have sufficient liquidity on decentralized exchanges. This suggests that intrinsic demand is fueling the rise in GHOST.
GHOST price outlook
Alternatives maintains an optimistic outlook and is trading at $0.06215 at the time of writing.
It’s up more than 65% in the past week and month, roughly 115%.
Technical indicators point to further gains for the alternative token.
For example, GHOST is trading well above the important 50 and 100 exponential moving averages on the 4-hour time frame.
This represents a reliable support barrier for digital assets.
The moving average convergence divergence showed a bullish crossover with a solid green histogram.
GHOST is likely to expand its rally before cooling down.
The 4-hour Relative Strength Index is at 72, highlighting an overbought situation and the possibility of an impending correction.
