Cryptocurrency analysis platform Santiment revealed significant token transfers made by whales to centralized exchanges in the last 24 hours.
According to the analysis, transfers in some projects amount to a rather high percentage of market value, which attracts attention among investors.
Here are the altcoins that whales most frequently carry to centralized cryptocurrency exchanges, according to Santiment data, and the ratio of transfers according to market value:
- StraitsX (XUSD): 3.07%
- Newton Protocol (EU): 1.37%
- Sahara AI (SAHARA): 0.94%
- Plume (PLUME): 0.76%
- First Digital USD (FDUSD): 0.28%
- Ethena (USDE): 0.26%
XUSD, in particular, accounted for the highest percentage with approximately $1.8 million in transfers, while Ethena (USDE) attracted attention with a total of $67.4 million in transfers from a single wallet to Bybit. The large number of stablecoins among these assets is also noteworthy.
The majority of transfers went to leading exchanges like Binance, Bybit, Huobi, Gate.io, and Kraken. Many of the tagged wallets are among the top 100 whale addresses.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/whales-are-moving-these-altcoins-to-exchanges-in-large-quantities-heres-the-list/