🐳 Crypto market caps have opened the week down, but whales are still extremely active. Among $500M+ market caps, these are the assets seeing the highest rises in whale transactions:
📈 1) @dYdX $DYDX
📈 2) @creditcoin $CTC
📈 3) @jasmymgt $JASMY
📈 4) @1inch #1INCH
📈 5) @safe $SAFE
📈 6) @compoundfinance $COMP
📈 7) @babydogecoin #BABYDOGE
📈 8) @mantle $MNT
📈 9) @_woo_x $WOO
📈 10) @quant_network $QUANT
When assets see skyrocketing whale activity, it is a signal that they are particularly likely to see an upcoming switch in price direction. So if prices are moving up, this means whales are probably profit taking. If prices are moving down, this means whales are probably accumulating more coins at a cheap value.
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