Altcoin Season

  • Ethereum Name Service (ENS) whale transactions surged by +313%, yet profit-taking led its price down 3.86%, now trading at $19.85.

  • Compound (COMP) gained 6.21% this week despite cooling volumes, maintaining over 90% circulating supply stability.

  • Virtual Protocol (VIRTUAL) saw $ 100 K+ transactions jump by +202% while liquidity grew, with a 6.62% weekly price increase to $1.80.

Ethereum Name Service (ENS) led on-chain activity this week, recording a +313.46% surge in whale transactions over $100K, according to Santiment. Despite this intense interest, ENS fell 3.86% to $22.46 during the spike and now trades at $19.85, marking a 1.18% weekly loss. The token has a $724.13 million market cap and 36 million ENS in circulation, just 36% of the total supply. A 15.89% dip in volume suggests profit-taking may have occurred after early whale entries.

https://twitter.com/santimentfeed/status/1933228396672397527

Compound (COMP) followed with a +203.81% rise in large transaction volume. The price briefly dropped 1.87% to $57.81 before retreating further to $51.98. However, COMP still holds a 6.21% weekly gain. With over 90% of its supply already circulating and a $472.31 million market cap, COMP looks fundamentally stable. Yet, the 34.24% decrease in daily trading volume may indicate a short-term cooldown.

VIRTUAL, DAI See On-Chain Surge

Virtual Protocol (VIRTUAL) saw a +202.13% jump in $100K+ transactions, placing it among the top trending whale targets. Its price fell 10.72% to $2.03 during the peak but now trades at $1.80, a 6.62% weekly rise. With 654.86 million tokens in circulation (65.5%), VIRTUAL maintains healthy liquidity. A 41.36% boost in volume to $464.3 million confirms heightened market engagement.

DAI, the stablecoin, showed a +117.28% increase in large transactions, signaling movement from big players. While the price remained steady at $1.00, the spike likely reflects shifting capital into DeFi ecosystems or safety zones. With a 5.3 billion supply and $162.3 million in 24-hour volume, DAI’s role as a liquidity hub remains vital across protocols.

MNT, OKB, DYDX Gain Strategic Focus

Mantle (MNT) posted a +105.88% rise in whale moves, while price nudged up 1.34% to $0.89. It currently trades at $0.86, up 4.86% for the week. With a $2.79 billion market cap and steady $99.2 million daily volume, MNT’s Layer 2 relevance is attracting accumulation.

OKB logged a +100.74% spike, though the price fell 2.92% to $45.56 before settling at $45.10. It’s still up 1.33% weekly. Meanwhile, DYDX (DYDX) climbed +94.92% in whale activity, dropping 5.21% to $1.71, and now trades at $1.73. With $39.4 million in volume, DYDX hints at quiet strategic positioning.

The post Whale Activity Surges Across ENS, COMP, and DAI: $100K Transactions Spike as DeFi Tokens Realign in a Volatile Market appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.