Which Assets to Keep Eye on Based on Recent Whale Accumulation & Dumping
Whale behavior tracking continues to be an effective method for traders to find spots where assets may be about to go on a price tear, or alternatively, a dump. Below, we've highlighted three projects with accumulating whales (in their key respective high stakeholder trading address size tiers), and three with dumping whales:
⬆️ Increasing Number of Whale Address
Skale ($SKL) - 1m to 10m SKL Address Holdings
Maker ($MKR) - 100 to 10k MKR Address Holdings
Ocean ($OCEAN) - 1m to 10m OCEAN Address Holdings
⬇️ Decreasing Number of Whale Address
Ren ($REN)
The Graph ($GRT)
Basic Attention Token ($BAT)
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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That's a nice view on the things, @brian
I wonder.. Could we show also the "mean age"? Could be that the decrease in whales holdings is a part of "redistribution". Maybe next time you could include "mean age" metrics as well?
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Absolutely! This will be my next focus.
Wow
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i just back tested this and there was a big dump for above 3 tokens with whale accumalation ?? :(