Network data shows an increase in large transactions for cryptocurrencies such as AAVE, ADA, and OP, which may indicate accumulation of these assets by large investors, note specialists from Santiment. If current market conditions persist, the actions of crypto whales could lead to a rally in these altcoins.
Santiment recorded a significant increase in transactions over $100,000 for the following altcoins:
- Aave (AAVE) [Polygon]: +267%
- HEX (HEX): +256%
- OKB (OKB): +200%
- Cardano (ADA): +193%
- Optimism (OP): +140%
- Trillioner (TLC): +133%
- Bitcoin Cash (BCH): +128%
- Curve Finance (CRV): +100%
- BitDAO (BIT): +100%
- GateToken (GT): +100%