🐳 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

📊 Crypto-wide trading volume has been dropping since its peak back on February 27th (when traders were optimistically buying dipping prices). After further market cap declines these past two weeks, trader behavior indicates a mix of exhaustion, hopelessness, and capitulation.

When trading volume for major cryptocurrencies consistently drops, even during slight price recoveries (like we have seen Wednesday), it typically points toward diminishing trader enthusiasm. In this scenario, traders are becoming cautious, suggesting they might not believe that the current upward price movements will last. Essentially, reduced trading activity reflects uncertainty, as fewer traders are convinced that buying at current levels will yield profitable outcomes.

Moreover, a weakening trading volume amid mild price bounces can serve as an early warning sign of weakening market momentum. Without robust buying participation, price gains can quickly lose steam, as there simply isn’t enough underlying support to sustain the upward trend. This leads to the possibility that any rebound could be temporary, with prices vulnerable to another downturn. Shrinking volume during minor rebounds isn't necessarily a direct bearish signal, but volume is a metric that measures participation from both retail and institutional traders. If both groups are waiting for the other to boost market caps in order to make their next moves, it can lead to price stagnancy with little movement (and a slight tendency to veer toward the downside).

To signal a healthier and more sustainable recovery, bulls generally will want to see both rising prices and rising volumes simultaneously. Until trading activity increases meaningfully, cautious market sentiment is likely to dominate.

📈🇺🇸 World Liberty Financial (WLF), the cryptocurrency-focused financial venture linked to Donald Trump and his family, continues to accumulate cryptocurrencies aggressively via its public wallet.

Among key assets, the venture's holdings now sit at:

📌 59,269 ETH (+3,921% since pre-inauguration)
📌 647 WBTC (+3,570% since pre-inauguration)
📌 19,399 stETH (+309% since pre-inauguration)

This wallet currently holds $370.4M worth of total assets, which include 44 distinct assets. Some other notable coins held in this wallet include USD Coin, Tether, Chainlink, Aave, Ethena, and even meme coins like Pepe and Mog.

WLF seems to be setting itself up as a key player in decentralized finance (DeFi). The venture's behavior through this wallet correlates with Donald Trump’s promise to make the U.S. a global leader in cryptocurrency and blockchain innovation. This high level of crypto accumulation signals confidence in upcoming policies and a belief in a strong future for the market. 💪

📈 Bitcoin has recovered to above $96.6K today, and altcoins are surging once again as a result. Here are the top 10 coins (among $500M+ market caps) seeing crowd sentiment rises compared to the week prior:

🥳 1) Chainlink $LINK
🪩 2) Sui $SUI
🍾 3) USD Coin $USDC
🎉 4) Toncoin $TON
🪅 5) dYdX $DYDX
🥂 6) Avalanche $AVAX
🎊 7) EOS
🪇 8) Bitcoin Gold $BTG
😃 9) Popcat $POPCAT
🙌 10) Gnosisdao $GNO

📊 As traders wait for clarity in crypto markets, Bitcoin has been seeing a notable decline in the amount of non-empty wallets. 211.5K less addresses exist compared to 3 weeks ago, a strong sign of FUD that typically is associated with future bullish price performances.

Meanwhile, Santiment also picked up a drop of -11.6K USDC wallets in a single day this weekend, as stablecoin behavior fluctuates wildly.

Also, keep an eye on Dogecoin wallets suddenly rising rapidly (+46.4K in one week). This is a sign of traders speculating and gambling on memecoins, even after last week's local top.

📊 We are proud to introduce the new and FREE 'Top CEX Deposits' dashboard from @santimentfeed. With this completely free tool, identify the largest deposits made by Ethereum-based assets over the past 24 hours. Filter by any coin, specific type of wallet, specific exchange, or exact wallet. Additionally, sort chronologically by:

🐳 Most recent
🐳 Largest value (in USD)
🐳 Highest % of total market cap moved

🧐 You can also look up the exact transaction hash for further investigation.

🧑‍💻 Consider our dashboard in Beta as we look to perfect and expand its functionalities. But consider the existing data available accurate and ready to use for your research, trading, and investing purposes.

🔗 Explore the link here, and help our team by sharing your feedback!

📺 Looking for a reliable way to identify which altcoins are having rallies just starting up, or just about to come to an end? Enjoy our walkthrough of Santiment's Activity Matrix to see what we have to say about Civic, The Graph, and more!

📊 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.