Cryptocurrency markets are rebounding after a sharp drop driven by heightened tensions between the U.S., Iran, and Israel.
But according to on-chain analytics firm Santiment, renewed volatility may be on the horizon for several altcoins.
Santiment Flags $1M+ Whale Transfers to Exchanges
Despite the relief rally, Santiment has warned of potential price swings due to large whale transactions spotted across several altcoins. The firm reported that over $1 million in the following tokens has been moved to centralized exchanges in the past day:
- PAX Gold (PAXG)
- Space ID (ID)
- Gala (GALA)
- Aethir (ATH)
- Pendle (PENDLE)
“Be prepared for volatility, especially when high percentages of a coin’s supply are transferred to a CEX,” Santiment cautioned.
Such moves are typically interpreted as preparation for potential sell-offs, as whales may be positioning to exit or rebalance holdings. Historically, these patterns often precede short-term price volatility.
Short-Term Risks for Targeted Altcoins
Santiment’s alert reinforces the importance of tracking large-scale wallet movements—especially during periods of geopolitical and macroeconomic uncertainty. Traders are advised to closely monitor PAXG, ID, GALA, ATH, and PENDLE, as increased inflows to exchanges could signal near-term selling pressure.
While Bitcoin and Ethereum show signs of stabilization, certain altcoins may still face turbulence as on-chain data hints at further repositioning by large holders.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/analytics-firm-issues-whale-activity-warning-as-crypto-recovers-from-geopolitical-jolt/