While the cryptocurrency market is going through a volatile period, the large transfers made by whales are drawing attention. Santiment analyzed the altcoin projects where whale activity has intensified in recent days, emphasizing that these movements carry important signals for the market. High whale interest in these altcoins may be a sign of upcoming upward price movements.
These Altcoin Projects Stand Out
According to Santiment, Chromia (CHR) and HarryPotterObamaSonic10Inu (BITCOIN) are showing a significant increase in whale activity. Chromia, in particular, stands out with an 800% increase in whale activity, indicating that investors’ interest in the altcoin may be increasing. In addition, HarryPotterObamaSonic10Inu (BITCOIN) is experiencing a 740% increase in whale activity, indicating that this interest continues. Since high whale movements can often be a sign of an upcoming altcoin price increase, careful monitoring of these altcoins will be important for investors. Although the overall market sentiment is negative, such movements offer opportunities.
Civic (CVC), Cartesi (CTSI), Chiliz (CHZ) and Flux (FLUX) Are the Favorites of Whales
Civic (CVC) and Cartesi (CTSI) are also among the altcoins that have seen an increase in whale activity. While CVC has shown a 588% increase in whale activity, Cartesi follows with 550%. These movements clearly show that large investors are showing an increased interest in these altcoins. Large-scale movements of whales usually lead to expectations of a price increase in these altcoins. According to Santiment, the increase in these projects can be an important signal for investors. However, investors are advised to be careful and follow these movements closely. According to Santiment data, Chiliz (CHZ) has seen a 333% increase in whale activity and Flux (FLUX) has seen a 275% increase in whale activity. Both projects attract attention with their important projects in the sports and technology fields. Investors continue to evaluate the potential of whale movements for these projects. Movements in such altcoins can give new momentum to market dynamics.
Whale Activity in Virtua (TVK), Dai (DAI) and Other Altcoins
Altcoins such as Virtua (TVK), Dai (DAI) and Gomining are among the other assets that have caught the whales' radar. TVK has seen a 200% increase in whale activity, Dai 180% and Gomining 157%. PAX Gold (PAXG) stands out with a 145% increase. Such movements can usually create price volatility in the short term. Virtua in particular has been the altcoin with the highest jump in whale movements with a 1900% increase in the last 30 days. Investors are advised to follow the interest and movements in these altcoins closely.
