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dYdX and Creditcoin Both Seeing Well Over 10X Their Usual Whale Activity

@brianq
1 min read
09.12.2024
COMP
SAFE
1INCH
JASMY
CTC


🐳 Crypto market caps have opened the week down, but whales are still extremely active. Among $500M+ market caps, these are the assets seeing the highest rises in whale transactions:

πŸ“ˆ 1) dYdX $DYDX
πŸ“ˆ 2) Creditcoin $CTC
πŸ“ˆ 3) Jasmy $JASMY
πŸ“ˆ 4) 1inch #1INCH
πŸ“ˆ 5) Safe $SAFE
πŸ“ˆ 6) Compound $COMP
πŸ“ˆ 7) Baby Doge #BABYDOGE
πŸ“ˆ 8) Mantle $MNT
πŸ“ˆ 9) Wootrade $WOO
πŸ“ˆ 10) Quant $QUANT

When assets see skyrocketing whale activity, it is a signal that they are particularly likely to see an upcoming switch in price direction. So if prices are moving up, this means whales are probably profit taking. If prices are moving down, this means whales are probably accumulating more coins at a cheap value.

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