Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Analysis Company Reveals: Cryptocurrency Whales Focus on These Altcoins as the Market Falls

Analysis Company Reveals: Cryptocurrency Whales Focus on These Altcoins as the Market Falls

BitcoinsistemiBitcoinsistemi2024/10/10 23:18
By:Mete Demiralp

Santiment analysts have published a list of altcoins that saw a lot of whale activity in their latest analysis.

According to cryptocurrency analysis firm Santiment, some altcoins have been experiencing spikes in whale activity in recent days.

The analytics firm said that one should be wary of cryptocurrencies that show high whale activity, arguing that these are harbingers of impending upward price movements.

Here are the altcoins that have seen the most whale activity in the last seven days, according to Santiment's list, and the percentage increase in whale activity:

  1. Chromia (CHR) – 800%
  2. HarryPotterObamaSonic10Inu (BITCOIN) – 740%
  3. Civic (CVC) – 588%
  4. Cartesi (CTSI) – 550%
  5. Chiliz (CHZ) – 333%
  6. Flux (FLUX) – 275%
  7. Virtua (TVK) – 200%
  8. Dai (DAI) – 180%
  9. Gomining (Gomining) – 157%
  10. PAX Gold (PAXG) – 145%
Related News Dev Balina Bugün Panik Yaptı - Kripto Parasını Zararına Sattı, Toplam 26 Milyon Dolar Zararı Var

While examining whale movements, the analytics company measured transfers worth over $100,000 made by whales in the last seven days.

When the last 30 days were examined, the altcoin that experienced the highest increase in whale activities was Virtua (TVK) with 1900%.

As is known, the world's largest cryptocurrency, Bitcoin, experienced a serious decline today and was forced to drop below $ 60,000. At the time of writing, it is being traded at $ 59,720.

*This is not investment advice.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Tornado Cash co-founder’s money laundering trial postponed to April 2025

Share link:In this post: On November 1, Judge Katherine Polk Failla rescheduled the next Storm’s trial to April 14, 2025. Storm’s defense has challenged the court’s trial postponement, going as far as filing a mandamus petition with the U.S. Court of Appeals for the Second Circuit. Roman Storm is charged with three counts: conspiracy to commit money laundering, conspiracy to commit sanctions violations, and conspiracy to operate an unlicensed money-transmitting business.

Cryptopolitan2024/11/02 15:22