Here are the Ethereum-based altcoins that are currently witnessing a high amount of activity from the whales, according to on-chain data.
These Ethereum Altcoins Are Seeing High Whale Transactions Right Now
In a new post on X, the on-chain analytics firm Santiment has discussed how several Ethereum-based altcoins have been seeing notable whale activity recently.
The indicator of relevance here is the “whale transaction count,” which keeps track of the total number of transfers taking place on the network for a given cryptocurrency that is valued at $100,000 or more.
Generally, only the whales are capable of moving such large amounts in single transactions, so transfers carrying this much value are assumed to involve these humongous entities.
When the value of this metric is high, it means that the whales are making a large amount of moves on the network right now. Such a trend implies these large investors have a high interest in the asset currently.
On the other hand,
We współpracy z: https://www.newsbtc.com/news/ethereum/ethereum-altcoins-witnessing-whale-interest/
