Top 10 Altcoins: Whale Transaction Volume Spikes – Rally Watch
- Santiment highlighted a 267% surge in transactions over $100K for Aave (AAVE) on Polygon.
- OKB and HEX transactions over $100K shot up 200% and 256%, respectively.
- CryptoQuant CEO Ki Young Ju said that the current market is in “zero-sum PvP game.”
Whales are on the move in the altcoin market, sparking price rally speculation. On-chain data reveals a surge in large transactions for cryptos like AAVE, ADA, and OP, signaling potential big investor accumulation, reports Santiment.
This increase suggests potential accumulation by high-net-worth investors and institutions, possibly hinting at a rally if market conditions remain favorable.
Top Gainers in Whale Transactions
Santiment data highlights a sharp rise in whale transactions over $100K across several major altcoins:
- Aave (AAVE) [Polygon]: +267%
- HEX (HEX): +256%
- OKB (OKB): +200%
- Cardano (ADA): +193%
- Optimism (OP): +140%
- Trillioner (TLC): +133%
- Bitcoin Cash (BCH): +128%
- Curve Finance (CRV): +100%
- BitDAO (BIT): +100%
- GateToken (GT): +100%
The spike in high-value transactions could indicate strategic positioning by large investors expecting a rebound in the altcoin m…
The post Top 10 Altcoins: Whale Transaction Volume Spikes – Rally Watch appeared first on Coin Edition.
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Top 10 Altcoins: Whale Transaction Volume Spikes – Rally Watch
- Santiment highlighted a 267% surge in transactions over $100K for Aave (AAVE) on Polygon.
- OKB and HEX transactions over $100K shot up 200% and 256%, respectively.
- CryptoQuant CEO Ki Young Ju said that the current market is in “zero-sum PvP game.”
Whales are on the move in the altcoin market, sparking price rally speculation. On-chain data reveals a surge in large transactions for cryptos like AAVE, ADA, and OP, signaling potential big investor accumulation, reports Santiment.
This increase suggests potential accumulation by high-net-worth investors and institutions, possibly hinting at a rally if market conditions remain favorable.
Top Gainers in Whale Transactions
Santiment data highlights a sharp rise in whale transactions over $100K across several major altcoins:
- Aave (AAVE) [Polygon]: +267%
- HEX (HEX): +256%
- OKB (OKB): +200%
- Cardano (ADA): +193%
- Optimism (OP): +140%
- Trillioner (TLC): +133%
- Bitcoin Cash (BCH): +128%
- Curve Finance (CRV): +100%
- BitDAO (BIT): +100%
- GateToken (GT): +100%
The spike in high-value transactions could indicate strategic positioning by large investors expecting a rebound in the altcoin m…
The post Top 10 Altcoins: Whale Transaction Volume Spikes – Rally Watch appeared first on Coin Edition.
Read More