These Crypto Projects Are Seeing the Highest Increase in Whale Activity

CoinMarketCap09-07

While the crypto market remains unpredictable and continues dipping, large investors are not relenting in their activities. Analysis by data intelligence firm Santiment has disclosed the top ten ...

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In this context, whales refer to investors executing transactions valued at $100,000 or more.Crypto markets may be unpredictable for now, but whales never fully sleep. Here are the 10 projects seeing the highest increase in whale activity :. 1) @superrare $RARE 2) @pepeforketh $PORK 3) @stargatefinance $STG 4) @0xpolygon $POL 5)…Following RARE, PORK, and STG is the Polygon Ecosystem Token . Its increased whale activity can be linked to the just-concluded token migration on the Polygon network. Earlier this week, the team released an upgrade that migrated the network’s native cryptocurrency from MATIC to POL.It aimed to enhance the token’s utility and align with the protocol’s vision of an aggregated network of blockchains. POL witnesse","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4122":"互联网与直销零售","BK4506":"内地教育股","BK4207":"综合性银行","BK4204":"教育服务","STG":"尚德机构","POL":"Polished.com Inc.","BTC":"Grayscale Bitcoin Mini Trust","BK4589":"SVB概念","ETH":"Grayscale Ethereum Mini Trust","KEY":"KeyCorp","BK4585":"ETF&股票定投概念","BK4083":"家庭装潢零售","RLY":"SPDR SSgA Multi-Asset Real Return ETF","TOKE":"Cambria Cannabis ETF","BK4588":"碎股","REZ":"住宅房产信托ETF-iShares","BK4211":"区域性银行"},"translate_title":"这些加密货币项目的鲸鱼活动增幅最高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTC":1,"TOKE":1,"STG":1,"RLY":1,"REZ":1,"POL":1,"KEY":1,"ETH":1},"content_text":"While the crypto market remains unpredictable and continues dipping, large investors are not relenting in their activities.\nAnalysis by data intelligence firm Santiment has disclosed the top ten crypto projects with the highest increase in whale activity. In this context, whales refer to investors executing transactions valued at $100,000 or more.\n\nCrypto markets may be unpredictable for now, but whales never fully sleep. Here are the 10 projects seeing the highest increase in whale activity (amount of $100K+ transactions):\n1) @superrare $RARE 2) @pepeforketh $PORK 3) @stargatefinance $STG 4) @0xpolygon $POL 5)… pic.twitter.com/qApQfpVNJk\n— Santiment (@santimentfeed) September 6, 2024\n\nProjects With High Whale Activity\nThe top three projects with rising whale activity are the Ethereum-based SuperRare, PepeFork, and the Arbitrum-based Stargate Finance, with 4,087%, 2,400%, and 2,083% growth in the past 30 days.\nSuperRare is a non-fungible token (NFT) and digital art marketplace with a native token, RARA, that has a volume of $22.42 million. PepeFork (PORK) is a meme coin project with a volume hovering around $1.67 million. Stargate Finance (STG) is a composable liquidity transport bridge for omnichain decentralized finance (DeFi) with $5.56 million in volume.\nFollowing RARE, PORK, and STG is the Polygon Ecosystem Token (POL). Its increased whale activity can be linked to the just-concluded token migration on the Polygon network. Earlier this week, the team released an upgrade that migrated the network’s native cryptocurrency from MATIC to POL.\nIt aimed to enhance the token’s utility and align with the protocol’s vision of an aggregated network of blockchains. POL witnessed a 1,345% spike in whale activity in the last 30 days.\nThe fifth project with the highest increase in whale activity is Carrieverse (CVTX), a web3 gaming metaverse, which witnessed 1,000% growth in the past 30 days. CVTX was followed by the self-sovereign identity network SelfKey (KEY), the DeFi liquidity marketplace Tokemak (TOKE), the consumer app developer Rally (RLY), the Ether restaking protocol Renzo (REZ), and the web3 game Voxie Tactics (VOXEL).\nBTC and ETH on the Opposite End\nInterestingly, the prices of most of the native tokens of these projects with rising whale activity have declined over the last thirty days, with some plunging by double digits, a reflection of the state of the market.\nMeanwhile, major crypto assets, including bitcoin (BTC), ether (ETH), Ripple (XRP), Toncoin (TON), and Cardano (ADA), have seen a significant decline in whale activity. Although this trend may be a cause for concern, Santiment noted that whale behavior usually aligns with heightened market volatility and reveals when large players move their assets to capitalize on rapid price swings.\nThe post These Crypto Projects Are Seeing the Highest Increase in Whale Activity appeared first on CryptoPotato.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2465316931"}