📊 Keep an eye on the following crypto projects seeing major boosts in whale transactions in the past week (compared to their whale activity the prior week):

🐳 1) Cronos $CRO +255%
🐳 2) Aave $AAVE (On Optimism) +100%
🐳 3) Ethena USDe $USDe +82%
🐳 4) Multi-Collateral Dai $DAI +75%
🐳 5) USD Coin $USDC (On Polygon) +57%
🐳 6) Wrapped Ether $WETH +53%
🐳 7) Aave $AAVE (On Polygon) +50%
🐳 8) Toncoin $TON +50%
🐳 9) Immutable X $IMX +36%
🐳 10) Arbitrum $ARB +25%

📈 In general, following whale activity in the altcoin market, can lead to making more optimized profit in your portfolio. Pay particular attention to coins that have been dropping in value that suddenly see massive whale spikes. These are prime candidates for upcoming bounces.

🐳 Among cryptocurrencies with at least a $2B in market cap, these are the projects seeing the highest rises in whale activity compared to the week prior:

1) Injective $INJ 🥇 +456% Rise
2) Wrapped Bitcoin $WBTC 🥈 +421% Rise
3) Shiba Inu $SHIB 🥉 +360% Rise
4) Multi Collateral Dai $DAI +147% Rise
5) Pepe $PEPE +109% Rise
6) Tether $USDT +74% Rise
7) Ethena Labs $USDe +67% Rise
8) Dogecoin $DOGE +67% Rise
9) Wrapped Ethereum $weETH +62% Rise
10) Optimism $OP +59% Rise

💸 Concerned about another #crypto market retrace? You may be comforted by the fact that the amount of non-empty #stablecoin wallets are rising. In 2024, the amount of #USDCoin non-empty wallets has grown by +13.9%, and #Tether wallets have grown +15.7%.

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The supply of #stablecoins appear to have been rapidly accumulated by large wallets over the past 3 weeks. Wallets holding at least $5M in #crypto have added a collective 5.09% of the combined supplies of $USDT, $USDC, $BUSD, $DAI, $TUSD, and $USDP.

🥳 #Bitcoin has officially climbed above $50K for the first time since December 27, 2021. #Stablecoin market caps have risen significantly, with $11.4B more added in just 4 months. $5M+ whale wallets have accumulated 2.32% of the top 6 stables in 4 weeks.

💸 Since late September, the constant in #crypto has been encouraging rises in #stablecoin market caps. The combined cap of $USDT, $USDC, $DAI, $BUSD, $TUSD, and $USDP is up $9.42B in 4 months, typically a necessary ingredient for #bullish conditions.