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Jun 15

Whale Watching in an Altcoin Wild West
15-06-21, 07:21

Altcoins are jumping all over the place in the previous week, with key stakeholders separating asset prices from one another quickly by dictating which should be pumped next.


Luckily, Santiment has a model to indicate when the number of whale addresses of ERC-20 and notable altcoins are increasing or decreasing. How do we identify which projects are gaining the fastest steam among crypto millionaires? By using our Whale Holders Distribution Model here. Freely open it, go to File -> Make a Copy, then Download Sansheets, and plug in your API: https://docs.google.com/spreadsheets/d/1v41I4Kb1Fl6rwBwYIuCsmXqtQZw5I_fEbsjU7QsH_x0/view


Give it a spin with your Sanbase PRO account, and you'll quickly find how intuitive it is:


Below are three projects with notable rises in whale numbers, as well as three with notable drops:


⬆️ Increasing Number of Whale Address


Binance Network ($BNB)


Band Protocol ($BAND)


Uma ($UMA)

⬇️ Decreasing Number of Whale Address


Aelf ($ELF)


Kyber Network ($KNC)


Enjin Coin ($ENJ)

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