$USDC Whale transactions have surged across several large-cap cryptocurrencies this week, with KuCoin Token (KCS) showing the most dramatic increase, based on Santiment analytics data.

The report highlights significant shifts in holdings among high-value wallets, potentially signaling short-term market movements.

KCS Sees 1,000% Jump in Whale Transfers

Santiment flagged KuCoin’s native token KCS with a 1,000% week-over-week increase in large transfers, defined as transactions exceeding $100,000 USD.

These wallets often drive liquidity and volatility, especially when multiple large trades cluster around specific assets. The token trades at $10.76, after a paltry 0.6% rise in the past day. It has now extended its weekly gain to 3.8%, reducing its monthly loss to 3.6%.

Related: Kucoin Token (KCS) Price Prediction 2025-2030: Will KCS Price Hit $25 Soon?

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