Santiment, a leading cryptocurrency analytics firm, has identified several altcoins that have experienced a significant rise in large transactions initiated by major investors over the past week.
Their latest analysis highlights a notable increase in whale activity, suggesting a pattern of accumulation. Some market observers believe that if the broader crypto rally continues, these tokens could gain an advantage due to the heightened interest from large holders.
Among the altcoins seeing the most substantial growth in transactions exceeding $100,000, Aave on Polygon’s network recorded a 266% increase, while HEX followed closely with a 255% rise. OKX saw transactions grow by 200%, and Cardano witnessed a 193% surge.
Optimism recorded a 139% increase, Trilioner was up 133%, and Bitcoin Cash saw a 127% jump. Curve on the Arbitrum network, BitDAO, and GateToken all experienced a 100% rise in high-value transactions.
Of the assets mentioned, Curve has the smallest market capitalization at approximately $581 million, whereas Cardano stands out as the most highly valued.
The increasing volume of large-scale transactions suggests that whales may be strategically accumulating these assets, potentially signaling bullish momentum in the near future.
🐳 With altcoins continuing to increase their market caps as the week draws to a close, pay attention to the networks seeing the highest rises in the amount of $100K+ whale transactions:
🪙 1) @aave (On Polygon) $AAVE: +267%
🪙 2) @hexcrypto $HEX: +256%
🪙 3) @okx $OKB: +200%
🪙… pic.twitter.com/AxvsTERwvZ— Santiment (@santimentfeed) March 7, 2025
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