Whale Activity is Flourishing For These Projects...

📊 Among altcoins with $500M+ market caps, these are the projects with the largest increases in whale transactions this week:

🐳 1) Multi Collateral Dai $DAI (BNB): +800🐳 2) Dexe$DEXE: +250%
🐳 3) Layer Zero $ZRO (Optimism): +200🐳 4) Aave$AAVE (Polygon): +200%
🐳 5) Multi Collateral Dai $DAI (Arbitrum): +182🐳 6) Telcoin$TEL: +100%
🐳 7) Gate $GT: +100🐳 8) XRP$XRP: +81%
🐳 9) Multi Collateral Dai $DAI (Polygon): +182🐳 10) Ondo$ONDO: +59%

Assets seeing high whale activity are significantly more likely to see price reversals, as key stakeholders make moves commonly around profit taking or dip buying moments.

For stablecoins, increased activity is typically a good sign that large levels of funds are being prepared to be swapped for altcoins that are common with that stablecoin's trading pair. For example, Dai (shown 3 times on this countdown) is commonly associated with ETH-based assets. 👀

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