WHALE ARE PAYING ATTENTION TO THESE 2 ALTCOINS

Following the US Federal Reserve’s interest rate cut on Wednesday, the crypto market received a positive wind. Crypto whales were quick to join this new wave of excitement, accumulating a number of altcoins.

Among the top picks of these large investors are Fantom (FTM) and Immutable (IMX).

Fantom (FTM)

The anticipation surrounding Fantom’s upcoming Sonic upgrade, coupled with the general market recovery following the recent rate cut, has driven a significant increase in activity from FTM whales. FTM transaction volume spikes (figure 2)

Immutable (IMX)

A layer 2 scaling solution for NFTs on Ethereum, has attracted significant attention from whales this week due to a sharp increase in NFT transaction volume on the network. Large net inflows into IMX (figure 1) #Write2Win #BinanceTurns7 #btc #fantom #bnb $FTM $IMX