Cryptocurrency analysis company Santiment shared some altcoins where whale transfers increased significantly in its latest report.
When creating the list, analysts only considered altcoins with a total market capitalization of over $500 million.
According to Santiment, non-stablecoin assets on the published list are historically more likely to see a turnaround in their price performance.
Here are the altcoins that have experienced the highest increase in whale activity in the last week according to analysts and their whale activity increase rates:
- KuCoin Token (KCS) – 1000%
- USD Coin [on Avalanche network] (USDC) – 587.32%
- Staked ENA (sENA) – 567.74%
- Wrapped Bitcoin [on Optimism network] (WBTC) – 518.59%
- Uniswap [on Ethereum network] (UNI) – 459.21%
- Tether [on Avalanche network] (USDT) – 431.48%
- Optimism (OP) – 387.32%
- Worldcoin [on Optimism network] (WLD) – 350%
- Curve [on Arbitrum network] (CRV) – 300%
- Floki [on Ethereum network] (FLOKI) – 224%
According to the data, when stablecoins and Wrapped Bitcoin are excluded, the token with the lowest market value among the altcoins on the list is FLOKI, while the altcoin with the highest market value is UNI.
*This is not investment advice.
