Cryptocurrency analysis company Alphractal shared the altcoins in which crypto whales have recently shown interest in more long positions and signaled more short trends.
According to analysts, the altcoins that crypto whales tend to hold more long positions are listed as follows:
- Litecoin (LTC)
- Aave (AAVE)
- VeChain (VET)
- DeXe (DEXE)
- Lido Finance (LDO)
- Maker (MKR)
- IOTA (IOTA)
- BinaryX (BNX)
On the other hand, the altcoins where crypto whales tend to short or close their long positions are listed as follows:
- Bitcoin (BTC)
- Ethereum (ETH)
- To the left (LEFT)
- BNB (BNB)
- Ripple (XRP)
- Cardano (ADA)
- Chainlink (LINK)
- Stellar (XLM)
- Bitcoin Cash (BCH)
- Polkadot (DOT)
- Ondo Finance (ONDO)
Cryptocurrency analysts also shared the chart where they obtained the data in question. According to the chart, whales are more willing to hold long positions than individual investors in altcoins above the value of 1. In altcoins below the value of 1, whales are more willing to hold short positions than individual investors or close their long positions proportionally more.
*This is not investment advice.
