According to Santiment data, whales this week began shifting away from major crypto projects and toward lesser-known tokens, signaling potential accumulation in the market.
Blockchain analytics platform Santiment noted that whale activity has shifted from big projects to lesser-known cryptocurrencies. This shift suggests that lesser-known projects may be starting to gain value and investors are inclined to accumulate these tokens.
The 10 projects where whale activity increased the most in the last week are listed as follows:
FRAX (Frax Finance, Arbitration)
USDD (USDD, Ethereum)
FDUSD (First Digital Labs)
AXL (Shoulders)
$OM (Mantra DAO)
FTT (FTX Token)
SAND (The Sandbox)
RETH (Rocket Pool)
QUANT (Quant Network)
JASMY (JasmyCoin)
The increase in whale transactions, especially in assets that have declined in market value, indicates that long-term investors have started to accumulate at these levels. In this context, the $JASMY token stands out among projects that show accumulation signals.
