Cryptocurrency analytics platform Santiment has shared a list of altcoins it has detected seeing massive amounts of whale trading activity.
Santiment reported that many transactions worth more than $10 million took place across various networks.
Santiment Shares Tokens That Have Had Massive Whale Activity Recently
According to the data shared by the platform, the altcoins that whales have processed and “revived” the most recently are:
- IMX, the native token of Tier-2 scaling solution Immutable X, has seen $35.7 million worth of whale transfers.
- LDO, the management token of Lido, a decentralized staking protocol for Ethereum 2.0, recorded $27.7 million in whale transactions.
- Compound's management token COMP has registered $18.8 million in whale transfers.
- Launched by the founders of the Bored Ape Yacht Club NFT collection, APE saw $11.6 million worth of whale trading.
- Decentralized finance platform AAVE experienced $10.7 million in whale transactions.
- MDT, the token of Measurable Data Token, saw a $9.1 million whale transaction.
All these data were recorded in a single day on August 2, 2023.
In his tweet, Santiment reported that they closely monitor these altcoins with high whale activity.
*Not investment advice.
