Santiment: "Whales Flock to These 10 Altcoins as Bitcoin (BTC) Falls!"
Santiment announced the 10 altcoins that experienced the highest increase in whale activity.
Bitcoin (BTC) and altcoins are experiencing a sharp decline due to a combination of many reasons.
While the BTC price fell to the $86,000 band, altcoins also experienced declines exceeding 10%.
While investors wonder whether these declines will continue, crypto analysis platform Santiment announced the 10 altcoins that experienced 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 noted that whales are preparing to buy stablecoins for altcoins.
Santiment also cited the very high probability of a reversal in the current price trend in altcoins, which are generally seeing increased whale activity, indicating that whales viewed the recent drop as a buying opportunity.
“For stablecoins on this list, it is a sign of possible purchases of other tokens by whales. For other assets, it is a likely sign that these assets are being accumulated by key stakeholders who see this as a good opportunity to buy them at a deep discount.”
📈 Looking for projects with major whale transfer activity on a big dip buy day? Here are the coins with the top increases in whale activity in the past 24 hours:
🐳 1) @makerdao $DAI (On Arbitrum)
🐳 2) @0xpolygon $MATIC (On Ethereum)
🐳 3) @realflokiinu $FLOKI (On Ethereum)
🐳… pic.twitter.com/SW3OySvC9f— Santiment (@santimentfeed) February 25, 2025
*This is not investment advice.
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.
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