In the Radar of Whales, These 10 Altcoins _: Santiment Signaled Increasing Demand! - Coin Bulletin

According to Santiment, whales showed intense interest in 10 altcoin projects this week.

According to data shared by the blockchain analysis platform Santiment, 10 cryptocurrencies that have seen a significant increase in whale transaction volume this week have been announced.

Among these altcoins with a market value of at least 500 million dollars, these 10 stand out:

1. Fasttoken (FTN)
2. Ethereum Name Service (ENS)
3. Trust Wallet Token (TWT)
4. LayerZero (ZRO on the Arbitrum network)
5. Breast (MEME)
6. Amp (AMP)
7. Axelar (AXL)
8. LayerZero (ZRO - on the Ethereum network)
9. Curve Finance (CRV on the Arbitrum network)
10. MakerDAO's stablecoin (DAI)

Santiment pointed out that this increase in whale transactions is generally a harbinger of price fluctuations, urging investors to be especially cautious in assets other than stablecoins. Sudden whale transfers can often lead to sharp upward or downward movements in the price of a specific altcoin.

It is of great importance for investors to carefully analyze their portfolios during this process and shape them accordingly, in terms of being able to evaluate potential risks and opportunities.