Weekly Sanbase Pro market report. On last week’s dip and beyond

Profile picture
Santrends
Sep 11, 2020

As the crypto market looks to slowly recover from last week’s crash, a number of important questions continue to linger.


In this report, we perform a detailed ‘post mortem’ on the latest market correction, and analyze the behavior of whales, HODLers and speculators for clues on what may come next.


HODLers capitulate: another sell-off wave incoming?


As the market turned red last week, we’ve seen a surge in the activity of dormant ERC-20 coins, as many long-term holders opted to panic sell into the dump.


That being said, not all HODLers responded the same way to the market-wide correction. Below is the list of top 10 ERC-20 assets ranked by the amount of dormant coins moved between September 2nd-5th, adjusted for their dollar values.


Put simply, the long-term holders of these 10 assets had the most intense reaction to last

There’s more of this Insight

Choose your subscription plan

Sanbase PRO

Unlock all PRO insights
$51/mo

Years of market experience, compressed in each report

Since 2017, Santiment has been an industry leader in on-chain data, social intelligence and behavior-based analysis of the crypto market.

Our tools have a proven track record of timing price tops for cryptocurrencies, helping traders find profitable exit points and mitigate HODLing risk.

Our previous TOP calls:
WAVES crowd sentiment patternMATIC charts a new ATH: is the top in?ICX insanity. How far could it go?
insight card
signal form

What you get with Sanbase Pro:

  • Members-only daily market insights and analysis
  • 30+ on-chain, social & project indicators for 900 cryptocurrencies
  • Custom alerts for the coins' price, on-chain & social trends
  • Santiment Spreadsheet plugin with 10+ pre-made market templates
  • Personalized asset watchlists and weekly performance reports

Gain unfair advantage with Sanbase Pro

Subscribe to Sanbase Pro for access to exclusive insights, market-beating metrics, strategies and templates!

Assets from this insight

Ethereum logo

EthereumETH

$ 344.15

10.75%in last 7d
Ren logo

RenREN

$ 0.190099

25.21%in last 7d
Tether logo

TetherUSDT

$ 1.00

0.07%in last 7d
Band Protocol logo

Band ProtocolBAND

$ 6.54

0.57%in last 7d
ChainLink logo

ChainLinkLINK

$ 9.80

8.86%in last 7d
0