Insights Pulse Insights

Mar 26

VIDEO: What is In Store After Massive Whale Accumulation? Market Chat With Hashoshi! 26-03-24, 13:59


What is in store for #crypto after whales had one of the largest days of #Bitcoin accumulation ever? We had a wonderful chat with market analyst, Hashoshi, to discuss. Enjoy the show here as we discuss the #onchain & social picture, as it stands!

Feb 29

VIDEO: Bitcoin's Unbelievable Rally Continues to Defy Expectations! 29-02-24, 17:23


📺In our new video, we look at several of Santiment's top indicators to see just how far this #crypto rally can run. Enjoy our discussion with Crypto News Alerts covering whale behavior, what may fuel #Bitcoin to a new #AllTimeHigh, and plenty more!

Feb 20

Pay Attention to How Dolphin Wallets are Handling Their Stablecoins! 20-02-24, 06:35


Small moves from mid-tier traders often work as excellent signals for spotting market pivots from the crowd. In the past 2 weeks, #stablecoin holders with $10K to $100K:

Added $44.3M in $USDT
Dropped $20.6M in $USDC

Here is the link to explore our chart in more detail!

Feb 12

Bitcoin's Market Value Has Exploded Above $50K as Stablecoin Caps Continue Rising! 12-02-24, 18:11


🥳 #Bitcoin has officially climbed above $50K for the first time since December 27, 2021. #Stablecoin market caps have risen significantly, with $11.4B more added in just 4 months. $5M+ whale wallets have accumulated 2.32% of the top 6 stables in 4 weeks.

Jan 28

Stablecoin Market Caps Still Moving in Right Direction Despite the Increase in Volatility Since the ETF Approvals! 28-01-24, 22:30


💸 Since late September, the constant in #crypto has been encouraging rises in #stablecoin market caps. The combined cap of $USDT, $USDC, $DAI, $BUSD, $TUSD, and $USDP is up $9.42B in 4 months, typically a necessary ingredient for #bullish conditions.

Jan 20

Bitcoin, Tether, and USD Coin Still Moving Slowly Out of Shark & Whale Wallets... For Now 20-01-24, 02:05


🐳 As the #crypto weekend begins, shark & whale tiers for #Bitcoin & top #stablecoins remain mildly down:


💰 10-10K #Bitcoin wallets: 66.27% of supply

💰 100K-10M #Tether wallets: 33.98% of supply

💰 100K-10M #USDCoin wallets: 35.49% of supply


Several events can still help trigger another #bullcycle for the #cryptocurrency sector as we saw in October, November, and December. But whale accumulation of these three assets, in particular, would be a key #bullish signal that many traders would welcome as the $BTC halving is now just under 14 weeks away. Stay tuned to see whether key stakeholders now load up.


Get a Sanbase PRO trial here, and immediately tap into the most comprehensive analytics platform to see what others in #crypto can't!

Dec 12

Aug 11

What do the "Sharks" eat? 11-08-23, 15:44

This is a follow up to a User Behavior Indicator introduced earlier.

Long story short, we keep an eye on a group of "sharks" in stablecoins, the ones holding $10K-$100K in USDT and USDC:

Did they buy the dip, did they sold the top? What did they swap their stables to?


We did a short research and found out that the recent decline in both stablecoin holdings is connected with the following moves:

44% – Sent to CEX

7% – Swapped to ETH

7% – Deposited into Aave as collateral

4% – Swapped to RLB

3% – Swapped to DAI, deposited into Maker

3% – Swapped to USDC, opened leveraged positions on dYdX


Other transactions were either wallets reshuffling or unclear.

Feb 1

Dear Ethereum [ETH] holders, February might be rough 1-02-23, 09:13

It is no longer news that Ether [ETH] had an impressive run in January. Within that 31-day period, the leading altcoin's price rallied by over 30%. The price jump also caused it to trade at levels last seen prior to FTX's unexpected implosion.


However, as profit-taking intensifies, the alt might be gearing up to shed some (if not all) of its gains in February. A look at ETH's Aroon Indicator on the daily chart revealed that bullish sentiment has weakened significantly in the past few weeks. The Aroon Up line was spotted at 21.43%.


Usually, when the Aroon Up line approaches zero, it suggests a weak uptrend and a distant recent high, indicating the possibility of a trend reversal.


Source: TradingView

Also, currently, there is a dearth of new demand to help drive up the alt's price.

Source: Santiment

Dec 21

Anomalies on Optimism 21-12-22, 22:43

Optimism, one of new blockchains with increasing TVL and onchain activity, has shown quite some weird action recently, namely extremely high transaction volume of stablecoins on it:

Source: Sanbase

Average USDT or USDC transaction volume on Optimism is less then $10M. The anomaly above skyrocketed both to above $1B.


Liquidity mining? Washtrading?


We can check token velocity:

Source: Sanbase

Velocity was super high around that days.


Active addresses?

Source: Sanbase

No anomalies in active addresses, only a healthy trend.


Additionally, we can see a similar anomaly on OP token itself:

Source: Sanbase

It also coincided with a top of OP price against BTC and maximal bullishness in crowd.

There is probably some connection, we just don't know which one. Do you?


Keep an eye on Optimism, there a lot of things going on.



Bonus details: