The Santiment analytics platform has recorded significant altcoin transfers to centralized exchanges over the past 24 hours. Data indicates that some whale wallets have executed transfers worth millions of dollars.
Details of Major Transfers
In the last 24 hours, substantial amounts of altcoins have been transferred to centralized exchanges. Expert analysis shows that the largest transfers were made by whale wallets, which may impact the current market situation.
Top Transferred Altcoins
Here’s a list of altcoins that were transferred to centralized exchanges along with the amount:
- PayPal USD (PYUSD) – $7.9 million - OCD – $4.7 million - OCD – $3.3 million - Pepe – $2.9 million - Gravity Token – $2 million - OCD – $1.9 million - First Digital USD (FDUSD) – $1.2 million - Apecoin (APE) – $1 million - Mantle (MNT) – $1 million - OCD – $1.4 million - OCD – $1 million
Market Analysis and Predictions
The most notable transfer was made for PayPal USD (PYUSD), amounting to 0.92% of the total market cap. The OKB token also drew attention with five transactions totaling $13.4 million. Gravity Token was the transfer with the greatest impact, accounting for 1.81% of the market cap.
Large altcoin transfers to centralized exchanges may significantly influence market sentiment. Data analysis suggests that these whale activities could foreshadow changes in price dynamics.
