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Whales, known as big investors in the cryptocurrency market, significantly affect the market and prices with their movements.
While smaller investors closely follow the altcoins that whales trade, cryptocurrency analysis platform Santiment announced the altcoins that whales have recently started to show particular interest in.
Accordingly, Santiment announced that whale activity has increased in 10 altcoins with a market value of more than $ 2 billion in the last week.
In the list of 10 altcoins, popular altcoins such as Injective (INJ), Wrapped Bitcoin (WBTC) and Shiba Inu (SHIB) stood out.
According to Santiment data, the biggest increase in whale activity in the last week occurred in Injective (INJ).
INJ, which attracts whales, has seen a 456% increase in whale activity in the past week.
According to Santiment data, other names on the list include Maker (DAI), Pepe (PEPE), Tether (USDT), Ethena (USDe), Dogecoin (DOGE), Wrapped eETH (weETH) and Optimism (OP), respectively.
“Among cryptocurrencies with a market cap of at least $2 billion, the projects that saw the highest increase in whale activity compared to the previous week are:
1) Injective -INJ (Up 456%) 2) WrappedBTC – WBTC (Up 421%) 3) Shiba Inu -SHIB (Up 360%) 4) Maker -DAI (Up 147%) 5) Pepecoin -PEPE (Up 109%) 6) Tether – USDT (Up 74%) 7) Ethena -USDe (Up 67%) 8) Dogecoin- DOGE (Up 67%) 9) Wrapped eETH – weETH (Up 62%) 10) Optimism- OP (Up 59%)
🐳 Among cryptocurrencies with at least a $2B in market cap, these are the projects seeing the highest rises in whale activity compared to the week prior:
1) @injective $INJ 🥇 +456% Rise
2) @wrappedbtc $WBTC 🥈 +421% Rise
3) @shibainucoin $SHIB 🥉 +360% Rise
4) @makerdao $DAI… pic.twitter.com/wagNpAgXEK— Santiment (@santimentfeed) September 30, 2024
*This is not investment advice.
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