As crypto markets continue to trade sideways, whale engagement is surging across several altcoins, with Render (RNDR), SPX6900 (SPX), Sky (SKY), BitDAO (BIT), and UNUS SED LEO (LEO) seeing at least quadruple increases in large transactions this week.
According to Santiment, the following projects saw the highest rise in $100K+ whale transactions over the past 30 days:
Top 5 Altcoins by Whale Activity Surge:
- Render (RNDR) – +426.44%
- SPX6900 (SPX) – +363.04%
- Sky (SKY) – +322.22%
- BitDAO (BIT) – +300%
- UNUS SED LEO (LEO) – +300%
Other notable gainers include Dai (DAI) and USDC on Optimism, both stablecoins with rising on-chain volume, as well as Optimism (OP) and Aave (AAVE), showing renewed interest in Layer-2 and DeFi platforms.
The surge in whale activity comes amid market ranging conditions, which often lead large holders to accumulate positions quietly. Historically, sharp increases in whale transactions can signal accumulation ahead of significant price moves, or strategic reallocation during periods of low volatility.
With Render and SPX6900 leading the pack, traders may want to monitor these tokens for potential breakout momentum once broader market direction resumes.
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/whale-transactions-spike-over-400-on-top-gainers-according-to-santiment/