- GHOST shows bullish momentum as privacy-focused cryptocurrencies gain renewed interest.
- Large investors have taken notice after the token rallied more than 60% last week.
- The altcoin remains bullish after a whale accumulated roughly 4.8 million GHOST tokens.
GHOST is one of the few cryptocurrencies trading with a clear upside bias while the broader market faces notable selling pressure.
The token has performed strongly in recent sessions as privacy coins regained attention, with Zcash leading the sector’s resurgence.
GHOST’s standout performance has drawn interest from investors looking to buy dips and add exposure to privacy-focused assets.
Over the past seven days, the altcoin jumped approximately 65%, a move that has captured market attention.
On-chain analyst Lookonchain reported that a new wallet withdrew 523.39 SOL—about $100,500— from Binance and used the funds to purchase roughly 4.8 million GHOST tokens within a 24-hour window.
Someone created a new wallet 8tqszG and withdrew 523.39 $SOL($100.5K) from #Binance to buy 4.8M $GHOST.
Address: https://t.co/OOn2Pcddqj pic.twitter.com/3Fl2LWF7hg
— Lookonchain (@lookonchain) October 31, 2025
The timing of the transfer has fueled speculation: is this the start of a sustained rally for the altcoin?
The move looks strategic, occurring amid bullish price action and suggesting that the buyer expects further upside for GHOST.
About Ghost
Ghost is a decentralized platform designed to provide enhanced privacy across cryptocurrency transactions. Its native token, GHOST, powers the network and facilitates private transfers on the ecosystem.
Unlike transparent chains such as Bitcoin—where transaction histories are publicly visible—Ghost focuses on obfuscating transaction details. The protocol hides sender and receiver information to protect user privacy and shield transactional metadata from public view.
Privacy-focused assets have been among the top performers recently. Zcash surged nearly 400% in October amid overall market uncertainty, and GHOST itself rose roughly 115% last month as investor attention pivoted toward privacy solutions.
Whale fuels optimism
The whale accumulation has energized the Ghost community, generating social buzz and renewed attention on the token. Community members are divided: some question the whale’s motives, while others view the large purchase as a sign of confidence in the project’s fundamentals.
Trading activity supports the increased interest. GHOST’s daily trading volume spiked by more than 600%, reflecting heightened market participation and liquidity taking place across exchanges.
Notably, GHOST appears to maintain sufficient liquidity on decentralized exchanges, which suggests that organic demand—rather than a single large market maker—is helping to drive the rally.
GHOST price outlook
At the time of writing, GHOST is trading near $0.06215, maintaining an optimistic market structure after recent gains.
The token has posted gains of more than 65% in the past week and roughly 115% over the last month. Technical indicators point to potential continuation of the advance, though risks of pullbacks remain.
On the 4-hour chart, GHOST is trading well above the 50 and 100-period Exponential Moving Averages, which act as dynamic support and indicate a bullish intermediate trend.
The Moving Average Convergence Divergence (MACD) shows a bullish crossover accompanied by strong green histogram bars, supporting the case for continued upward momentum in the near term.
However, the 4-hour Relative Strength Index (RSI) sits around 72, signaling overbought conditions that increase the likelihood of a correction or consolidation before any extended move higher.
In summary, GHOST’s recent surge, whale accumulation, and improving on-chain metrics underscore a bullish narrative. Still, traders should remain mindful of overbought signals and the potential for short-term pullbacks as the market digests recent gains.