Crypto Whales Change Their Focus: Santiment Reveals the Top 10 Most Traded Altcoins

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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.

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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.

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With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.
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