According to Santiment, Whale Appetite for 4 Cryptocurrencies is Increasing!

According to Santiment, whale activity in 4 cryptocurrencies has increased recently.

On-chain analysis platform Santiment focused on 4 altcoins. Stating that the cryptocurrency market is on the verge of a significant breakout, analysts noted that there were serious increases in whale activity in Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Chainlink (LINK).

Stating that “whale” and “shark” activity has increased specifically for these 4 cryptocurrencies, analysts included a potential upward signal:

While the cryptocurrency market opens the week with the signal of a new break, current data covers whale and shark accumulation in Bitcoin, Ethereum, XRP and Chainlink.

The terms whale and shark, which cover high-volume transactions, mean that buying pressure and interest in these projects is increasing.