Cryptocurrency analytics platform Santiment announced last week a project that showed the biggest increase in whale trading at over $100,000. According to the data, Ethereum Name Service (ENS), Compound (COMP), and Virtuals Protocol (Virtual) were among the prominent projects.
“These are the projects that showed the biggest increase in whale trading this week compared to last week. With stable projects, there is a higher chance of price reversals and volatility among this group,” Santiment’s rating said.
Santiment has listed the Altcoins with the best whale transaction growth as follows:
- Ethereum Name Service (ENS): Increased by 313.46%
- Compound (comp): 203.81% increase
- Virtuals Protocol (Virtual): Increases by 202.13%
- DAI (on BNB network) (DAI): 200% increase
- USD Coin (Arbitrum Network) (USDC): 200% increase
- Mantle (MNT): 175% increase
- OCD: 166.67% increase
- USD Coin (On Optimistic Network) (USDC): 100% increase
- WETH (WETH): 82.26% increase
- SPX6900 (SPX): 76.54% increase
It was noteworthy that Memecoin is also among the altcoins where whales are increasing activity.
*This is not investment advice.
