Santiment Announces the 10 Altcoins That Whales Have Flooded Lately!

While there has been a general upward trend in Bitcoin (BTC) and altcoins in recent days, volatility in prices is also observed.

While some investors prefer to wait on the sidelines in the face of these volatile movements, large investors, called whales, continue to make altcoin transactions.

At this point, cryptocurrency analysis company Santiment announced the 10 altcoins that experienced the highest increase in whale activity in its post.

Santiment stated that whale activity has moved away from major altcoins this week and announced the 10 altcoins that whales are turning to:

“Whale activity this week has moved away from big companies and towards many under-the-radar projects. Here are the top 10 coins that saw an increase in whale activity last week:

1-Frax Finance – FRAX (On Arbitrum)
2-Usddio – USDD (On Ethereum)
3-Fdlabshq – FDUSD
4-Axels – AXL
5-Mantra Chain – OM
6-FTX Offical – FTT
7-The Sandbox – SAND
8-Rocket Pollfi – RETH
9-Quany Network – QUANT
10-Jasmy – JASMY

If whale transactions increase, especially when the market value of an asset declines, this is usually a sign of accumulation and a potential bottom formation. “

🐳 Whale activity has transitioned slightly away from large caps this week, and into many under the radar projects. Here are the top 10 coins seeing increases in whale activity over the past week:

📈 1) @fraxfinance $FRAX (On Arbitrum)
📈 2) @usddio $USDD (On Ethereum)
📈 3)… pic.twitter.com/HC1DmfXiDq

— Santiment (@santimentfeed) November 20, 2024

*This is not investment advice.