Bitcoin’s recent volatility has impacted the entire cryptocurrency market, including altcoins, causing some investors to stay on the sidelines while larger players, known as “whales,” continue making significant moves in the altcoin space.
According to a report from cryptocurrency analysis firm Santiment, several altcoins have seen a noticeable increase in whale activity recently.
Among those drawing attention are Fast Token (FTN), Ethereum Name Service (ENS), Trust Wallet (TWT), and Layer Zero (ZRO), which is active on both Arbitrum and Ethereum.
Other altcoins experiencing heightened whale transactions include Memecoin (MEME), Amp Coin (AMP), Axelar (AXL), Curve Finance (CRV), and MakerDAO (DAI).
Santiment cautioned that high whale activity often correlates with increased price volatility, advising investors to be cautious as these altcoins face fluctuating market conditions.
Altcoin trading volume on Binance Futures surged to $100.7 billion in a single day, reaching its highest level since February 3, 2025, according to data from CryptoQuant.
Bitcoin just recorded its largest net inflow to exchanges since July 2024, signaling a potential shift in market behavior.
Tron (TRX) is showing signs of breaking away from Bitcoin’s price action, potentially positioning itself as a leading indicator of an emerging altseason.
While Bitcoin consolidates, capital is rotating into select high-growth tokens showing strong upside momentum.