According to CoinDesk, major cryptocurrencies such as Bitcoin and Ethereum did not change much. XRP and Dogecoin were the exceptions, with XRP rising 5% due to Grayscale's new fund and Dogecoin rising 4.5%.

Bitcoin rose more than 6% this week, its first weekly gain in three weeks. Santiment data shows that large-value transactions in Bitcoin and Ethereum decreased significantly, with Bitcoin decreasing by 33.6% and Ethereum decreasing by 72.5%.

Santiment noted that this is not necessarily a bearish signal, and large holders are waiting for clear signals before making large trades.