Santiment Announces 10 Altcoins That Whales Are Flocking To! First on the List is the Most Trending Altcoin of Recent Days!
Santiment shared the 10 altcoins that saw the biggest increase in whale activity over the past week.
While Bitcoin (BTC) and altcoins are experiencing pullbacks, some investors prefer to wait on the sidelines, but large investors called whales continue to trade altcoins.
At this point, cryptocurrency analysis company Santiment announced the 10 altcoins that experienced the highest increase in whale activity in its post.
Santiment warned investors that whale activity and price performance should be compared for relevant altcoins.
“Here is the updated list published by Santiment:
1-Apecoin (APE) 2-Treasure DAO (MAGIC) 3-Sushiswap (SUSHI) 4-Holo (HOT) 5-API3 DAO (API3) 6-Frax Finance (FRAX) 7-Aragon Project (ANT) 8-AIOZ Network (AIOZ) 9-Metis (METIS) 10-Chintai Network (CHEX)”
That said, keep in mind that any token that sees 5x the normal whale transactions in a given week is much more likely to see large price swings in the opposite direction to its recent trends.
If the price of the token in question is underperforming the markets and whale transactions are increasing, this is a sign that the coin is more likely to rise in price.
If the price of the token in question is outperforming the markets and whale transactions are increasing, this is a sign that the coin's price is more likely to fall.
🐳 These coins have seen the biggest whale activity increases over the past week:
1) @ApeCoin $APE
2) @Treasure_DAO $MAGIC
3) @SushiSwap $SUSHI
4) @H_O_L_O_ $HOT
5) @API3DAO #API3
6) @fraxfinance $FRAX
7) @AragonProject $ANT
8) @AIOZNetwork $AIOZ
9) @MetisL2 $METIS
10)… pic.twitter.com/JThyDERUqg— Santiment (@santimentfeed) October 22, 2024
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Genius Group Ordered to Sell Bitcoin Holdings
Genius Group must sell 10 BTC due to a court order, slashing its crypto treasury and market cap significantly.Unexpected Setback for Genius GroupMarket Cap Falls Below Bitcoin ReservesConcerns About Stability and Transparency

Ethereum Price Sees 4 Straight Red Months
Ethereum has closed four red months in a row, but long-term holders remain hopeful for a rebound.Ethereum’s Tough Streak ContinuesHope on the Horizon for Ethereum Holders

Nexchain Emerges as April’s Best ICO: A New Era for Blockchain
Nexchain is committed to facilitating interoperability from one blockchain to the next through artificial intelligence, allowing for cross-chain communication and operational efficienciesConclusion

Bitcoin Volatility Expected as U.S. Jobs Report Looms
U.S. jobs data and Powell’s speech today could trigger major Bitcoin volatility. Here’s what to watch.What to Expect from Today’s Market MovesWhy Bitcoin Traders Are Watching Closely

Trending news
MoreCrypto prices
More








