Blockchain analytics firm Santiment has identified a sharp rise in high-value whale transactions across several crypto projects, signaling a potential uptick in volatility and price action.
In its latest report, the platform highlighted the top projects with the biggest weekly increases in transactions over $100,000, with Ethereum Name Service (ENS), Compound (COMP), and Virtuals Protocol (VIRTUAL) leading the list.
“These are the projects that have shown the biggest increases in whale transactions this week compared to last week,” Santiment noted. “In projects other than stablecoins, there is a high probability of price reversals and volatility among this group.”
Top Gainers in Whale Activity
The altcoins showing the strongest growth in whale transaction volume include:
- Ethereum Name Service (ENS): ▲313.46%
- Compound (COMP): ▲203.81%
- Virtuals Protocol (VIRTUAL): ▲202.13%
- Dai [on BNB Network]: ▲200%
- USD Coin [on Arbitrum]: ▲200%
- Mantle (MNT): ▲175%
- OCD: ▲166.67%
- USD Coin [on Optimism]: ▲100%
- WETH (Wrapped ETH): ▲82.26%
- SPX6900 (SPX): ▲76.54%
While some of these assets are stablecoins, the most notable increases among non-stablecoin tokens suggest a shift in whale positioning—often a precursor to heightened volatility or trend reversals, according to Santiment’s historical trend models.
What It Means for Traders
Spikes in large-scale transaction activity often reflect institutional or whale accumulation, sudden reallocation, or liquidation events. Traders monitoring whale behavior view these increases as key signals for upcoming price swings, especially in lower-liquidity assets like ENS and VIRTUAL.
As always, Santiment cautions that such signals should be paired with broader technical and on-chain indicators before making directional bets.
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/top-10-gainers-in-whale-activity-which-altcoins-are-on-the-radar-right-now/