Nov 21
🥳 Bitcoin's new all-time high now stands at $97,890 after a surge approximately 90 minutes ago. Among several factors, one metric to continue monitoring is the collective holdings of whale & shark wallets holding at least 10 BTC.
🐳 Over the past month, these wallets have collectively accumulated 56,397 more BTC, currently worth $5.428B. At the same time, there has been some interesting consolidation of these whale & shark wallets, as significantly more coins are held by these large addresses despite 1,256 less (-0.82%) of them existing compared to a month ago.
🧐 Regardless, following the overall amount of Bitcoin holdings from these key stakeholders will be a key signal to reveal how long this historic bull rally can last.
Nov 20
🐳 Whale activity has transitioned slightly away from large caps this week, and into many under the radar projects. Here are the top 10 coins seeing increases in whale activity over the past week:
📈 1) Frax $FRAX (On Arbitrum)
📈 2) USD Dio $USDD (On Ethereum)
📈 3) FDUSD $FDUSD
📈 4) Axelar $AXL
📈 5) Mantra $MANTRA
📈 6) FTX $FTT
📈 7) The Sandbox $SAND
📈 8) Rocketpool ETH $RETH
📈 9) Quant $QUANT
📈 10) Jasmy $JASMY
Whale transaction spikes, particularly when an asset's market cap is declining, is often a signal of accumulation and a potential bottom forming. Monitor these stats and many more with a free 2-week trial to Sanbase PRO here!
🗣️ Following the milestone Bitcoin all-time high to start the week, markets are chopping as focuses turn toward which coins may see the top isolated pumps next. The top trending coins across social media are currently:
🪙 Bitcoin $BTC: Crypto's top market cap new all-time high from yesterday leaves traders speculating for $100K and beyond.
🪙 Microstrategy $MSTR: Users are analyzing the correlation between MicroStrategy's stock performance and Bitcoin's price movements, emphasizing MicroStrategy's significant Bitcoin holdings and its role as a leveraged investment vehicle.
🪙 Litecoin $LTC: Users are sharing opinions on its price stability compared to Bitcoin, making predictions for future changes, and expressing various market sentiments. The community is engaged with both bullish and bearish views, indicating a significant interest in Litecoin.
🧑💻 Here are crypto's top NFT projects by development. Directional indicators represent each project's ranking rise or fall since last month:
➡️1) Decentraland $MANA 🥇
➡️2) Flow $FLOW 🥈
📈3) Enjin $ENJ 🥉
📉4) Metaplex $MPLX
📈5) Aavegotchi $GHST
📉6) Axie Infinity $AXS
📈7) Tensor $TNSR
📈8) AlienWorlds $TLM
➡️9) Monavale $MONA
📈10) Blocklords $LRDS
Read about Santiment's methodology for covering development activity for over 3,500 projects.
📈 Cardano is decoupled from the altcoin pack, nearly matching its 8-month high. Its price ratio against Bitcoin is also nearing an 8-month high. The last time we saw this level of ADA transaction and whale volume was in June, just prior to a +26% burst in the ADA/BTC pairing.
📺 Another milestone day for crypto, and traders aren't sure what to make of Bitcoin's slow climb to a new $94K all-time high. Our video looks at where Santiment data points to markets going next. Follow us on YouTube for plenty more!
Nov 19
📊 Bitcoin's new all-time high now sits at $94,002, and the commentary across social media could be described as luke-warm at best. The lack of euphoria is an encouraging sign, as FOMO typically leads to corrections. As long as there is retail trader disbelief, whales can continue pumping cryptocurrencies with little resistance.
Nov 18
🗣️ Today's top trending topics across social media are showing the majority of interest going toward Solana's impressive price run, and Microstrategy's continued massive Bitcoin purchases. Here are the breakdowns:
📈 The #4 market cap asset in crypto continues to rise against its peers, recently reaching an all-time high $0.0709 price ratio against Ethereum. Many traders are anticipating a potential breach of SOL's November, 2021 ATH of $257 before the end of the year.
💸 Michael Saylor and Microstrategy recently purchased approximately 51,780 more BTC for around $4.6 billion. This has generated considerable attention, highlighting Saylor's bullish stance on Bitcoin and influencing market discussions about large entities accumulating Bitcoin.
🐟 When a network's overall amount of wallets declines, it is a sign of FUD & capitulation from novice traders that is often a bullish indicator for the coin's price (since those liquidated coins are likely being bought by larger whales & sharks who are hodling for the long-term.
Retail traders largely control the amount of non-empty wallets on a network, considering there are an enormous amount of small wallets compared to whale wallets. With this said, here are the changes in non-empty wallets over the past month for notable top cap assets:
🪙 Bitcoin (BTC): +11,263 (+0.02%)
🪙 Ethereum (ETH): +1,950,000 (+1.50%)
🪙 XRP Ledger (XRP): +88,261 (+1.61%)
🪙 Cardano (ADA): -34,931 (-0.78%)
🪙 Dogecoin (DOGE): +109,410 (+1.65%)
🪙 Chainlink (LINK): +991 (+0.14%)