Aave

Cronos

USDC

Coin

<ul class="wp-block-list news-points">
 <li>CRO, AAVE on Optimism, and TON whale activities rose 255%, 100%, and 50%, respectively.</li>
 <li>USDe and DAI’s whale activity rose 82% and 75%, respectively.</li>
 <li>Santiment advised investors to look out for tokens with massive whale spikes.</li>
</ul>
Whale transactions for some of the leading altcoins have jumped in the past few days. Projects like Cronos (CRO) and Circle’s USDC have seen significant wallet movements as Bitcoin (BTC) hovers above the $60,000 price level.
According to blockchain analysis platform <a href="https://x.com/santimentfeed/status/1843350127265677347" target="_blank" rel="noopener noreferrer nofollow">Santiment</a>, CRO saw a massive 255% surge in whale activities, and Aave (AAVE) gained 100% on Optimism and 50% on Polygon. But the price of CRO fell 3.19% in the past 24 hours and 7.13% in the last week. AAVE also dropped 4.12% in 24 hours and 9.89% in the past week.
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 <figure class="aligncenter size-full"><img decoding="async" width="512" height="287" src="https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612.png" alt="" class="wp-image-523030" srcset="https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612.png 512w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-300x168.png 300w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-380x213.png 380w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-127x70.png 127w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-159x89.png 159w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-255x143.png 255w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-313x175.png 313w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-440x247.png 440w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-414x232.png 414w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-294x165.png 294w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-377x211.png 377w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-328x185.png 328w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-144x81.png 144w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-123x70.png 123w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-129x72.png 129w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-08T144623.612-355x200.png 355w" sizes="(max-width: 512px) 100vw, 512px">
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TON whale activities rose 50%, IMX’s surged 36%, and ARB’s rose 25% while their prices dropped 2.94%, 4.94%, and 3.03%, respectively. In the past week, TON dropped 10.69%, IMX crashed 5.14%, and ARB plummeted 3.14%.&nbsp;
Why this matters is that a surge in whale trading volumes is a key indicator of whether the price of a digital asset will turn bullish or bearish. An increase in whale transactions c…
The post <a href="https://coinedition.com/smart-money-moves-whales-are-piling-into-these-altcoins/" rel="noopener noreferrer nofollow">Smart Money Moves: Whales Are Piling Into These Altcoins</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Smart Money Moves: Whales Are Piling Into These Altcoins

Coin Edition

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