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.
Ethereum (ETH) has gone down by 3% in the past 7 days as tensions in the Middle East have pulled down crypto prices. Despite the cease-fire between Iran and Israel brokered by President Donald Trump, only Bitcoin (BTC) seems to be receiving support from market participants as uncertainty prevails. However, despite this challenging environment, a […]
Trump Media & Technology Group (TMTG), the company behind Truth Social, is ramping up its entry into the crypto investment world.
BTC Bull Token (BTCBULL) is making waves in the meme coin market by offering something different—real Bitcoin rewards. Unlike most meme coins that are driven by hype, BTCBULL is strategically tied to Bitcoin’s performance, rewarding holders with Bitcoin airdrops when BTC hits major milestones. As the presale nears its end, analysts are predicting a potential […]
The XRP Ledger has taken a significant leap forward with the release of version 2.5.0 of its core software, Rippled — a rollout that developers are calling one of the most impactful updates in the project’s history.