Santiment, a cryptocurrency analysis company, shared data on the top 10 altcoins with the highest increase in whale activity in the past week.
Introduction
According to analytics firm Santiment, there has been a significant increase in whale activity in the cryptocurrency market over the past week. The company gathered its data based on altcoin transfer transactions worth more than $100,000.
Top 10 Altcoins
According to Santiment analysts, the following altcoins saw the highest increase in whale activity: 1. DeXe (DEXE) – 1000% 2. AIOZ Network (AIOZ) – 705% 3. UNUS SED LEO (LEO) – 400% 4. Mantle (MNT) – 388% 5. Safe (SAFE) – 259% 6. SuperVerse (SUPER) – 223% 7. Gnosis (GNO) – 200% 8. Decentraland (MANA) – 186% 9. SPX6900 (SPX) – 149% 10. Maker (MKR) – 120%
Data Analysis
At the top of the list is DeXe (DEXE), ranking 110th among the largest cryptocurrencies. This altcoin with an artificial intelligence theme has a market value of $898 million. Additionally, it is noteworthy that most of the altcoins popular among whales are Ethereum ecosystem tokens.
Santiment's data highlights a significant increase in whale activity for several altcoins, which may indicate growing interest from large investors.