Cryptocurrency analytics company Santiment has published a list of altcoins that have experienced an unusually high level of whale activity in the last week.
Here is the list of altcoins that have seen an increase in whale activity compared to a week ago, according to analysts, and the increase in whale activity in the last week:
- PancakeSwap (CAKE) – 439.71%
- USD Coin (USDC) – 407.55%
- HEX (HEX) – 275%
- Mantle (MNT) – 144.44%
- Dai [on BNB network] (DAI) – 142.86%
- WETH [On Optimism Network] (WETH) – 130.17%
- WhiteBIT Token (WBT) – 100%
- USD Coin (USDC) – 100%
- Dai [on Avalanche network] (DAI) – 100%
- UNUS SED LEO (LEO) – 100%
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Remarkably, CAKE, which has the lowest market value among these 10 altcoins, has recently attracted whales in terms of activity. In addition, CAKE was the only altcoin on the list to gain value in the last day.
However, only altcoins with a total market value of $500 million were evaluated in this list. The increase in cryptocurrency transactions worth at least $100,000 was included in the list as whale transactions.
*This is not investment advice.
