Santiment provides new analysis focusing on large investor movements in the cryptocurrency market. Increased whale activity often precedes significant price changes.
Whale Transaction Trends
Santiment analyzes the metric of transactions over $100,000 to predict market changes. According to the firm, increases in whale activity can indicate upcoming price volatility: both peaks and bottoms.
Overview of Cryptocurrencies with High Whale Activity
Recently, Santiment examined six cryptocurrencies that garnered attention from large investors:
- **Shiba Inu (SHIB)**: 527 whale transactions on June 5, 2025. - **Ankr (ANKR)**: 8 large transactions recorded on June 8 despite a 23% drop in value over the month. - **LCX (LCX)**: 12 substantial transactions on June 9, followed by an 8% price increase. - **SPX6900 (SPX)**: 134 transactions on June 9 as the price soared 486% over three months. - **Compound (COMP)**: 157 large transactions on June 9 with a 50% rise in June. - **UMA (UMA)**: 27 transactions on June 8 suggest major investors began taking profits.
Recommendations Based on Analysis
According to Santiment, there is a need for caution in light of recent whale activity, which could signal local price peaks. The cryptocurrency market is influenced by large investors, and their actions can trigger significant price swings.
Santiment's analysis shows that monitoring whale transactions can provide valuable signals about market trends. Investors should closely observe whale activity to adapt their strategies according to current trends.