CandleFocus Analytics Company Reveals Top 10 Altcoins With The Most Increased Whale Activity During The Downturn
2024-12-10
Author: Content Editor
Summary: Despite declines in Bitcoin and altcoins, cryptocurrency whales are still very active, according to Santiment. Altcoins with market values over $500 million and increasing whale activity are likely to experience a change in price direction. If the altcoin prices are already rising, whales may be selling for profit, but if prices are falling, whales may be accumulating more at lower prices. Today's declines led to a significant liquidation wave, resulting in $1.71 billion being liquidated, with $1.55 billion from long positions. Note: This information does not constitute investment advice.
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