Whales in the cryptocurrency market are making notable moves, with specific projects seeing a significant rise in large transactions. A recent analysis from a blockchain data platform, Santiment, revealed a surge in whale transactions across ten cryptocurrency projects. The platform tracks $100K+ transactions, highlighting key projects experiencing significant growth in whale activity.
SuperRare ($RARE) leads the list with over 4087.5% growth in whale transactions. At press time, its price had increased by 4.67% in the last 24 hours, reaching $0.1455. The 24-hour trading volume was $23.38 million, though it has decreased by 36.97%. SuperRare’s focus on digital art and NFTs may be drawing the attention of large investors, contributing to its continued popularity in the crypto space.
PepeFork ($PORK) comes in second, with a 2400% increase in whale transactions. Despite a 4.78% drop in price over the last day, the token was priced at $0.06156 at press time. PepeFork has seen a 24-hour trading volume of $1.57 million, reflecting a decline of 26.73%. The coin’s performance reflects the typical volatility in meme coins, but high-value investors still show strong interest.
Stargate Finance ($STG) ranks third, with a 2083.33% rise in whale transactions. At press time, its price was slightly down by 0.12% in the 24 hours, at $0.2741. The token’s 24-hour trading volume was $5.01 million, showing a decrease of 11.25%. Despite this price dip, Stargate Finance’s focus on cross-chain liquidity is attracting more whale activity.
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Polygon Ecosystem Token ($POL) is another strong performer, experiencing a 1345.45% increase in whale transactions. Priced at $0.3749, it has seen a slight 0.54% price drop in the last 24 hours. The 24-hour trading volume is $23.83 million, reflecting an impressive 137.81% increase.
Carrieverse ($CVTX) and Selfkey ($KEY) have experienced a 1000% increase in whale transactions. Carrieverse’s price is currently $0.01602, down by 4.75%, with a 24-hour trading volume of $2.99 million, an increase of 56.83%. Meanwhile, Selfkey was priced at $0.004868, with a 4.01% price decrease, though the token has seen a substantial 24-hour volume increase of 282.40%, reaching $8.88 million.
Other projects like Tokemak ($TOKE), Rally ($RLY), Renzo ($REZ), and Voxies ($VOXEL) are also making waves, with whale activity increases ranging between 500% to 900%. These tokens have seen moderate price changes, but their trading volumes continue to attract attention.
