While there has been general volatility in the Bitcoin (BTC) market in recent days, this situation also affects altcoins. Despite these volatile movements, some investors prefer to stay on the sidelines, while large investors (whales) continue to trade altcoins.
Cryptocurrency analysis platform Santiment announced the 10 altcoins that showed the highest increase in whale activity in its post.
Stating that altcoins continue to rise, Santiment listed the 10 altcoins that whales trade the most as follows:
“Altcoins continue to rise rapidly. Here are the 10 notable altcoins that have seen the biggest increase in whale transactions this week:
1- Fast Token (FTN)
2- Ethereum Name Service (ENS)
3- Trust Wallet (TWT)
4-LayerZero (ZRO) - Arbitrum
5- MemeCoin (MEME)
6- Amp (AMP)
7- Axles (AXL)
8- LayerZero (ZRO) - Ethereum
9- Curve Finance (CRV)
10- MakerDAO’s Stablecoin (DAI)”
Finally, Santiment warned investors to be careful, stating that an increase in whale activity could lead to price fluctuations in these altcoins.
