Insights

All DeFi BTC ETH + ERC-20 Strategies/Alpha Metric Tutorials

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)

@brianq

Apr 27

Five Fundamentally Sound Altcoins Based on High Address Activity, Low Deposit Levels 27-04-21, 06:40

We love to look at different ways to gauge which assets may be under the radar and ready to pump. At the time of this writing, altcoins are pumping hard against Bitcoin once again, just a few days after a market-wide dump that saw retracements all over the map.

For this list, we've put together five charts that show a rising gap between overall daily address activity (high orange lines are generally a good sign), and daily active deposits (low pink lines are generally a good sign).

Ethereum ($ETH) - #2 Market Cap Asset

Maker ($MKR) - #35 Market Cap Asset

Enjin Coin ($ENJ) - #57 Market Cap Asset

Decentraland ($MANA) - #59 Market Cap Asset

Basic Attention Token ($BAT) - #66 Market Cap Asset

@brianq

eth mkr enj mana bat

Apr 8

Hottest Topics of the Day Dominated by Tokocrypto 8-04-21, 09:04

@Santrends

bnb btt enj

Apr 5

Active Addresses vs. Active Deposits - Which Assets are Seeing Nice Upticks? 5-04-21, 07:04

We recently posted about Ethereum's return above $2,000 this past week, and our explanation on one of the key contributors to why.

When active addresses move up over time for a crypto asset, while active deposits move down, it's a reliable indication of a token seeing growing utility without funds moving to exchanges for potential sell-offs. In other words, this is a very bullish pattern our pro traders look for often.

Our new Daily Active Deposits & Non-Deposit Activity Sansheets Model easily identifies which assets are developing patterns similar to Ethereum's. Here's a snapshot of which activity vs. deposit ratios are rising vs. their 3-month resting averages:

Here are some of the largest bullish divergences, according to this model. We look for high green bars (indicating large activity/deposit ratios), and large green dots on the above model, and rising orange lines on Sanbase here: