According to crypto analytics firm Santiment, several altcoins have seen a spike in whale activity in recent days. The analytics firm said we should be wary of cryptocurrencies with high whale activity, arguing that this is a sign of upcoming price volatility.

Here are the altcoins with the most whale activity over the past seven days, according to Santiment's list, and the percentage increase in whale activity:

  1. Chromia (CHR) – 800%

  2. HarryPotterObamaSonic10Inu (BITCOIN) – 740%

  3. Civic (CVC) – 588%

  4. Cartesian (CTSI) – 550%

  5. Chiliz (CHZ) – 333%

  6. Flux (FLUX) – 275%

  7. Virtua (TVK) – 200%

  8. Dai (DAI) – 180%

  9. Gomining (Gomining) – 157%

  10. PAX Gold (PAXG) – 145%


Looking at whale movements, the analytics firm measured transfers worth more than $100,000 made by whales in the past seven days.

Looking at the last 30 days, the altcoin with the highest increase in whale activity is Virtua (TVK) at 1900%.

As we all know, the world’s largest cryptocurrency, Bitcoin, has undergone a severe price drop today and has been forced to fall below $60,000. At the time of writing, it is trading at $59,720.

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