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Whales' 10 Altcoin List Announced: They Can Outperform! - Coin Newsletter
A new list has been shared for altcoins that whales have shown interest in this week and may experience a rise in the coming days.
On-chain data analytics platform Santiment analyzes shifts in whale transactions to reveal key trends. Recent data shows that there has been a significant increase in large transactions, especially in some altcoin projects. If the market continues to rise, these projects could perform better than expected in the coming weeks.
According to data provided by Santiment, the top 10 cryptocurrencies that experienced the biggest increase in whale activity last week were:
Prices may go up
According to Santiment's data, it is seen that the interest of large investors in these projects is increasing. A rise in whale trading is often interpreted as a sign that the asset may make larger price movements. A large movement of funds can be a signal that the market is in an uptrend, which can attract more investors.
How these projects will perform in the coming period may vary depending on the general direction of the market. However, as Santiment emphasizes, increased whale movements may indicate a potential accumulation process and support upward momentum in prices.