Analytics Company Reveals Top 10 Altcoins With The Most Increased Whale Activity During The Downturn

CoinMarketCap
2024-12-10

Cryptocurrency analysis firm Santiment reported that despite declines in Bitcoin and altcoins, cryptocurrency whales remain extremely active.

According to analysts, the altcoins with the highest whale activity, with a market value of more than $500 million, and whale activity increases are listed as follows:

  1. dYdX (DYDX) – 3400%
  2. Creditcoin (CTC) – 1633%
  3. Jasmy (JASMY) – 616%
  4. 1inch (1INCH) – 580%
  5. Safe (SAFE) – 566%
  6. Compound (COMP) – 454%
  7. Baby Doge Coin (BabyDoge) – 400%
  8. Mantle (MNT) – 333%
  9. Wootrade (WOO) – 300%
  10. Quant (QNT) – 285%

Related News: Bitcoin and Cryptocurrencies are Declining - Here are the Estimates of the Decline and the Latest Situation

Santiment stated in his statement that altcoins that show a sudden increase in whale activity are also prone to a change in price direction. In other words, if the prices of the altcoins in question are already increasing, the increase in whale activity could mean that there is profit selling by whales in these tokens. However, if there is a decrease in price, the increase in whale activity could mean that whales are accumulating more coins at a lower price.

The declines experienced today triggered a massive liquidation wave in the cryptocurrency market, and a massive liquidation of $1.71 billion was observed. $1.55 billion of these were observed in long positions.

*This is not investment advice.

Continue Reading: Analytics Company Reveals Top 10 Altcoins With The Most Increased Whale Activity During The Downturn

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10