๐จ WHALE ALART : Six Altcoins Under Watch! ๐๐
Crypto analytics firm Santiment has issued a warning about unusual whale activity in several altcoins. Major transfers to centralized exchanges suggest potential selling pressure. ๐๐ผ
Key altcoins with significant whale deposits include:
Eigenlayer: $2.8M
Ethena: $2.5M
Worldcoin: $2M
Wrapped Bitcoin (WBTC): $4.8M
Pepe: $3M
Chainlink: $1.8M
While these amounts may seem minor relative to market caps, the concentration of large transfers within a single day raises eyebrows. ๐ต๏ธโโ๏ธ๐
๐ Potential Impact:
Sudden increases in exchange deposits could indicate that whales are preparing to sell. Although Bitcoin's recent rally may cushion the impact, these altcoins might face short-term pullbacks. Stay vigilant! โ ๏ธ๐
โ ๏ธ This post does not constitute investment advice.
