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Whales warming up in some alts

@Santrends
1 min read
04.07.2022
PERP
API3
SAND

We noticed a specific patterns in few tokens, here's a sample of three:


SAND

API3

PERP

What we see is the network growth increasing significantly. This metric illustrates user adoption over time, and can be used to identify when the project is gaining traction.


And another thing on all three is whales behaviour:


SAND

API3

PERP

The behaviour patterns on above three coins are interesting. On one side big players are warming up token holders, on another side they are increasing their own stake.


Of course it's a subject to general market direction. Meanwhile if it stays sideways, these risky bets could probably play out nicely.


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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.

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