The Santiment cryptocurrency analysis platform has identified significant token transfers made by 'whales' to centralized exchanges over the past 24 hours.
According to the analysis, in some projects, transfers account for a fairly high percentage of market value, which attracts investors' attention.
According to Santiment data, here are the altcoins that whales most frequently transfer to centralized cryptocurrency exchanges, along with the transfer ratios by market value:
StraitsX (XUSD): 3.07%
Newton Protocol (EU): 1.37%
Sahara AI (SAHARA): 0.94%
Plume (PLUME): 0.76%
First US Digital Dollar (FDUSD): 0.28%
Etna (USDE): 0.26%
In particular, XUSD accounted for the highest percentage — about $1.8 million in transfers, while Ethena (USDE) attracted attention as $67.4 million was transferred from a single wallet on Bybit. It is also worth noting the large number of stablecoins among these assets.
Most transfers were made to leading exchanges such as Binance, Bybit, Huobi, Gate.io, and Kraken. Many of the noted wallets are among the top 100 addresses of large investors.
https://cryptonews.net/en/news/altcoins/31392768/