This week has been marked by a significant increase in trading volume in the cryptocurrency market. On Thursday, Bitcoin reached an all-time high of $111,988, driven by a renewed bullish trend seen across the market that has attracted the attention of large investors known as whales who have been actively accumulating certain alternative cryptocurrencies.

One such altcoin that has garnered attention from crypto whales this week is Dogecoin (DOGE). Data from Santiment indicates that addresses holding between 100 million and 1 billion DOGE tokens have increased their holdings by 740 million tokens, worth over $180 million at current market prices.

The rising demand in the broader market has pushed DOGE's value to a 10-day peak of $0.24, reflecting a growing interest from investors in the meme coin amidst the optimistic sentiment prevailing in the crypto market.

Maker (MKR), the governance token of the decentralized finance platform MakerDAO, has also experienced increased whale activity. The netflow of large holders of MKR has surged by 469% in the past week, indicating significant accumulation by whales and suggesting a positive outlook for the asset, which could potentially attract retail traders and trigger a new uptrend.

Among other altcoins, Official Trump (TRUMP) has witnessed heightened activity from crypto whales. The smart money inflow into TRUMP has exceeded $1.40 million over the past week, as indicated by Nansen, showcasing interest from high-conviction investors who typically make well-timed market moves. This increased inflow of smart money suggests potential confidence in TRUMP's short-term prospects and could pave the way for a continued upward trajectory if the momentum persists.