CandleFocus Crypto Analytics Firm Santiment Says Aave, Decentraland and The Graph Are ‘Altcoins To Watch’ – Here’s Why
2024-09-14
Author: Content Editor
Crypto insights firm Santiment has identified three altcoins to watch as a historically bullish indicator flashes. Aave, Decentraland (MANA), and The Graph (GRT) are all seeing large short ratios on Binance, the world's largest crypto exchange. This imbalance in short sellers could potentially lead to a short squeeze and price jumps. However, Santiment also notes a significant drop in whale transactions since mid-August, suggesting that larger players are being cautious. The firm states that these key stakeholders are waiting for the right moment to make their moves during times of extreme market sentiment.
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