There are still whales bottom-fishing altcoins, but they're all buying value coins.

During the recent market downturn, a whale spent $35.7 million to acquire Ethereum-based altcoins, including:
3,175 ETH ($10.13 million)
557,937 $LINK ($7.99 million)
20.14 million ( ($5.82 million)
25,396 ) ($4.9 million)
6.53 million ONDO ($3.27 million)
340,849 UNI ($2.05 million)
22.59 million SKY ($1.09 million)
384,075 LDO ($244,000)

These assets have now been transferred to the on-chain wallet 0xBC64.