📈 These are the projects with the highest rises in whale transactions this week compared to last week. Among non-stablecoins, expect high likelihoods of price reversals and volatility among this group:

🐳 Ethereum Name Service $ENS

🐳 Compound $COMP

🐳 Virtuals #VIRTUAL

🐳 Dai $DAI

🐳 USD Coin $USDC (On Arbitrum)

🐳 Mantle $MNT

🐳 OKB $OKB

🐳 USD Coin $USDC (On Optimism)

🐳 Wrapped Ethereum (On Polygon) $WETH

🐳 SPX6900 $SPX

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🐳 The largest trackable exchange deposits show a continuation of $FDUSD moving to Binance at a massive rate, with two separate $25.9M transactions coming from a whale. Additionally, keep an eye on big movement from $WBTC, $ENA, $COMP, $WLD, $SPX, $FTM, and $PEPE. 👀

🐳 Crypto market caps have opened the week down, but whales are still extremely active. Among $500M+ market caps, these are the assets seeing the highest rises in whale transactions:

📈 1) dYdX $DYDX
📈 2) Creditcoin $CTC
📈 3) Jasmy $JASMY
📈 4) 1inch #1INCH
📈 5) Safe $SAFE
📈 6) Compound $COMP
📈 7) Baby Doge #BABYDOGE
📈 8) Mantle $MNT
📈 9) Wootrade $WOO
📈 10) Quant $QUANT

When assets see skyrocketing whale activity, it is a signal that they are particularly likely to see an upcoming switch in price direction. So if prices are moving up, this means whales are probably profit taking. If prices are moving down, this means whales are probably accumulating more coins at a cheap value.

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📺 The probabilities of different assets surging or purging is often hiding in plain sight via exchange funding rate data. Enjoy our latest video where we analyze how we predict local tops and bottoms.

🤯 Following a sparse amount of voting that resulted in several questionably passed initiatives, the Compound community's trust in the project has been waning. With a massive increase in discussion and concern, our metrics indicate that on-chain activity has heated up to year-high levels.

Expect that key metrics like whale transactions, circulation, and others continue to look very polarizing and prices volatile, while this story is in the forefront of the COMP and altcoin community's minds.

💸 #DeFi has taken some of the spotlight from the #AI craze. Assets that enable users to lend, borrow, or exchange #crypto without a central authority like $UNI, $COMP, $SUSHI, and $AAVE all spiked in value following a key #Uniswap proposal to reward staked and delegated token holders.

Check out our #DeFi watchlist, where you can track the emerging assets and sort by key #bullish indicators to identify the pumps BEFORE they occur. 😎