🗣️ Bitcoin just jumped back over $60K, as traders are eyeing altcoins at the moment. The top trending assets, based on discussion rate, are:

🪙 Chiliz $CHZ: Traders expressing excitement over the $PEPPER airdrop, which requires CHZ holders to stake a minimum amount to qualify for new tokens.

🪙 Aave $AAVE: Integration with World Liberty Financial, a project linked to the Trump family. It involves the Aave v3 protocol on the Ethereum blockchain, aiming to enhance decentralized finance (DeFi) accessibility for borrowing and lending services.

🪙 Uniswap $UNI: A new Layer-2 network called Unichain have sparked interest, leading to price increases and trading volume spikes.

📊 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.

🧐 Altcoins to watch as cryptocurrency continues to enjoy its strong rebound include Decentraland, The Graph, and Aave. Each of these top 100 market caps are seeing significant short ratios on Binance, implying liquidations would lead to big price jumps.

📈 Render (RNDR), Aave (AAVE), and Maker (MKR) are the three most notable altcoins seeing address activity rises the past couple of days amongst the many market cap rises. Historically, rising levels of wallets interacting on networks is a sign of future bullish behavior.

💸 #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. 😎

👀📊 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. 🙏

Between Ledger exploits, alt season FOMO, and a particularly surging Solana-based coin named Bonk, we take a look at all of the happenings in a rare pre-recorded episode of This Week In Crypto. Watch our discussion on the metrics that point to what is likely going to happen next in our final weeks of 2023!

If you haven't already done so, make a free Sanbase PRO account here, and see what others in crypto can't with our great community of traders!

Between Ledger exploits, alt season FOMO, and a particularly surging Solana-based coin named Bonk, we are going LIVE in 15 minutes to talk markets and look at assets YOU are interested in. Join us for the stream, or enjoy the replay at any time!

📊 #Aave has some #bullish divergences forming as it has stayed around the middle of the pack among other #altcoins. The 50th ranked market cap asset has the most coins held by the top 150 wallets in 5 months, and RSI has entered a bounce zone.

Yesterday we had the biggest spike in AAVE liquidations (WETH+WBTC collateral) for the past year.