Bitcoin (BTC) and many altcoins are experiencing a sharp decline due to a combination of many reasons.
While the BTC price retreated to the $86,000 range, altcoins also experienced drops of over 10%.
Investors are wondering whether these declines will continue, while the crypto analysis platform Santiment has revealed the top 10 altcoins experiencing the highest increase in whale activity.
"1) Maker DAO - DAI (Arbitrum)
2)Plygon - MATIC (Ethereum)
3)Floki Inu - FLOKI (Ethereum)
4)Usual Money – USD0
5)Quant Network - QNT
6)Render Network – RENDER
7)Circle - USDC (Arbitrum)
8)Uniswap - UNI
9)Aave - AAVE
10)Wrapped Bitcoin – WBTC”
Santiment indicated that whales are preparing to buy altcoins using stablecoins.
Santiment also noted that whales see the recent dip as a buying opportunity, referencing the high probability of a reversal in the current price trend in altcoins experiencing increasing whale activity in general.
“For the stablecoins on this list, it is a sign of possible purchases of other tokens prepared by whales. For other assets, it’s a likely sign that these assets are being hoarded by key stakeholders who see it as a good opportunity to buy them at a steep discount.”
📈 Büyük bir düşüş alım gününde büyük balina transfer etkinliği olan projeleri mi arıyorsunuz? İşte son 24 saatte balina aktivitesinde en büyük artışı gösteren paralar:
🐳 > 1) @makerdao $DAI (On Arbitrum)
🐳 2) @0xpolygon $MATIC (On Ethereum)
🐳 3) @realflokiinu $FLOKI (On Ethereum)
🐳… pic.twitter.com/SW3OySvC9f
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Santiment: "Bitcoin (BTC) Falls, Whales Flock to These 10 Altcoins!"
Bitcoin (BTC) and many altcoins are experiencing a sharp decline due to a combination of many reasons.
While the BTC price retreated to the $86,000 range, altcoins also experienced drops of over 10%.
Investors are wondering whether these declines will continue, while the crypto analysis platform Santiment has revealed the top 10 altcoins experiencing the highest increase in whale activity.
Santiment indicated that whales are preparing to buy altcoins using stablecoins.
Santiment also noted that whales see the recent dip as a buying opportunity, referencing the high probability of a reversal in the current price trend in altcoins experiencing increasing whale activity in general.
🐳 > 1) @makerdao $DAI (On Arbitrum)