🐳 The cryptocurrencies seeing the highest rise in whale activity this week are:

🪙 Pancake Swap $CAKE

🪙 USD Coin $USDC (On Arbitrum)

🪙 Hex $HEX

🪙 Mantle $MNT

🪙 Dai $DAI (On Binance Chain)

🪙 Wrapped Ethereum $WETH

🪙 WhiteBit $WBT

🪙 USD Coin $USDC (On Optimism)

🪙 Dai $DAI (On Avalanche)

🪙 Unus Sed Leo $LEO

🐳 With altcoins continuing to increase their market caps as the week draws to a close, pay attention to the networks seeing the highest rises in the amount of $100K+ whale transactions:

🪙 1) Aave (On Polygon) $AAVE: +267%

🪙 2) HEX $HEX: +256%

🪙 3) OKX $OKB: +200%

🪙 4) Cardano $ADA: +193%

🪙 5) Optimism $OP: +140%

🪙 6) Trillioner $TLC: +133%

🪙 7) Bitcoin Cash $BCH: +128%

🪙 8) Curve $CRV: +100%

🪙 9) Bitdao $BIT: +100%

🪙 10) Gate $GT: +100%

These projects could see significant over-performances throughout the next few weeks if markets continue to rally due to signs of potential accumulation coming from many of these increased whale transfers.

📉 #Crypto continues seeing concerning declines with the totality of market caps we track now down -7.5% in the past week. The #BitcoinETF approvals increasingly look to be a classic 'buy the rumor, sell the news' event, but it is still early. If traders begin to panic, their big sell-offs and #bearish sentiment may trigger a bounce. We will update on sentiment activity shortly.

Grab a free trial and review some of the top leading indicators on Santiment

to see what others in #cryptocurrency can't.

👀📊 All eyes of the #crypto community shifted toward $BTC after the #SEC's false announcement of #BitcoinETF approvals. However, it has been #altcoins that have quickly seen major surges despite #Bitcoin declining as low as $45.4K.

Though a multi-day #altcoinparty would please many who have been trading into more speculative assets today, remember that a lack of confidence in #cryptocurrency's top asset would inevitably lead to the downfall of many market caps that rely on $BTC's price to stay steady. 🙏