Latest updates in the cryptocurrency market! 🎉
After a general decline in the market during Christmas, the cryptocurrency market has welcomed new hope. According to data from Santiment, whales have started transferring large amounts of stablecoins to trading platforms, which may indicate that the market is about to experience a wave of upward trends.
Specifically, in the past 24 hours, there have been 7 deposits totaling at least 9 million dollars flowing into Binance, with one as high as 50 million dollars, accounting for 2.33% of the total supply. This is usually a signal that whales may be preparing for large-scale purchases.
While this does not mean that the funds will be used immediately, it is undoubtedly a positive signal for investors anticipating a market recovery. 📈