Cryptocurrency analysis platform Santiment announced the projects that experienced the highest increase in whale activity (transaction volume of $100,000 and above) on its network in the last week in its latest report.
Among projects with a market capitalization of at least $500 million, Injective (INJ), Jasmy (JASMY) and OKB (OKB) took the top three spots.
According to Santiment data, whale activity increase rates are listed as follows:
- Injective (INJ) – 634%
- Jasmy (JASMY) – 425%
- OCD (OCD) – 375%
- Virtuals Protocol (VIRTUAL) – 240%
- First Digital USD (FDUSD) – 186%
- Quant (QNT) – 175%
- Renzo Retaken ETH (EZETH) – 156%
- Cronos (CRO) – 145%
- Bitget Token (BGB) – 133%
- Humanity Protocol (H) – 123%
Santiment states that these increases indicate that big whales are increasingly interested in projects focused on artificial intelligence, staking, and DeFi.
Topping the list is Injective (INJ), which has surged 634.6% over the past seven days. While its price has fluctuated weekly, it currently trades at $8.67, with a market capitalization of around $866 million.
Second-place Jasmy (JASMY) stands out with a 425% increase in whale activity in the past week. Known as “Japan’s IoT (Internet of Things) token,” Jasmy is trading at $0.0105 and has a market capitalization of around $519 million.
*This is not investment advice.