Analysts at Santiment, having studied the activity on the crypto market on October 31, noted the particular activity of the whales. A significant increase has been in Tether (USDT) and USD Coin (USDC) transactions. Whales have completed trades worth $100,000. An increase has been in transfers of 1inch (1INCH) and Golem (GLM) tokens.

Experts note that the activation of crypto whales may mean the continuation of the active phase in the digital asset market. However, Golem and 1inch quotes didn't change much during the day.

In addition to these exchanges, analysts noticed a large transfer of bitcoins, worth $ 44.7 million from the Bitfinex exchange. The actions of the whales often consist in withdrawing funds to their wallets and storing them for a long time. It is possible that this large transaction serves as another confirmation of the upcoming pump of the BTC rate.