Dec 14
The events following a short period a depression have increased network activity quite impressively. See the chart layout below. Here's just one example, YFI:
There are differences. For instance, REN:
REN is not picking up so strong because of it's complicated financial situation.
UNI:
UNI experienced a strong growth before, when there was an NFT marketplace announced. But still, we can see it's growing strongly, even compared with NFT related pump.
Each token has it's own story. It's own specific story which makes the difference. But many have a common pattern, it's network activity increasing quite a lot.
We might follow up in few days with more detailed market overview, for now just seeing massively increased network activity on many tokens. Therefore, networks awake.
Chart layout: https://app.santiment.net/s/_Qz39fm9
Dec 6
Yesterday we tried to evaluate possible market moves using crowd sentiment: https://insights.santiment.net/read/monday-crowd-vibes-7128
Now when US Monday trading session is over we might review onchain activity.
With 24h daily active address metric as a proxy.
Long story short, a large number of tokens is now seeing an increasing divergence between price action (up) and active addresses (down).
Example: YFI
This is a warning sign, many divergencies now have to be reset by either a price dump or increase in activity.
What could be good to observe on many tokens for a rally is an opposite divergence, similar to MKR:
Until then, we might probably expect some gravity push down.
Charts layout: https://app.santiment.net/s/jvnjSOT2
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Disclaimer: The opinions expressed in the post are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product.
May 12
May 8
As we've done in previous weeks, we're continuing to keep an eye on which projects are seeing notable movement from their respective whale addresses. Watching which assets are seeing a growing amount of addresses worth $100,000 or more can give a great indication into future price pumps and dumps.
Below, we've listed three projects with notable rises in whale numbers, as well as three with notable drops:
⬆️ Increasing Number of Whale Address
Bancor ($BNT)
Skale ($SKL)
Sushi ($SUSHI)
⬇️ Decreasing Number of Whale Address
Celcius ($CEL)
Raiden ($RDN)
Yearn Finance ($YFI)
Mar 5
Taking a look at our Whale Holders Distribution model, we're seeing some interesting trends with where major holders are accumulating funds. Let's review which coins are rising with more whales, and which are seeing their numbers drop off:
This Sansheets model above, available for our Sanbase PRO members, quickly lets us investigate which projects have seen the highest increase and decrease in whale numbers over the past week (indicated in blue).
More Whale Addresses
Yearn Finance ($YFI)
Enjin ($ENJ)
Crypto.com ($CRO)
Less Whale Addresses
Matic ($MATIC)
Decentraland ($MANA)
Raiden ($RDN)
Feb 12
Feb 9
Last week, we touched on some altcoins that we're currently whale watching, based on our data indicating that there are a growing number of holders of the respective assets that are qualifying as elite holders. This week, we're providing three examples of assets that have already seen massive growth thanks to these accumulations. We'll also look at three assets where their prices haven't reacted (yet) to the growth in their recent whale numbers.
And spoiler alert: many of the same tokens we covered last week are continuing to grow in whales the fastest!
Prices Already Pumping After Major Buyers
Matic Network (MATIC)
Ren Protocol (REN)
Band Protocol (BAND)
Prices Have Yet to React Despite Major Whale Accumulation
Yearn Finance (YFI)
Aave (AAVE)
0x (ZRX)
Disclaimer: The opinions expressed in the post are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product.
