Bitcoin (BTC ($105,005.86)) and altcoins are slowly recovering after the recent market crash triggered by Chinese AI model Deepseek. While the Bitcoin price has climbed above $105,000, altcoins are also experiencing upward movement.
However, popular crypto analytics platform Santiment has highlighted the six altcoins that whales have transferred the most to exchanges, stating that they are at risk of an imminent price drop.
According to Santiment data, six major altcoins have been moved to various cryptocurrency exchanges in large quantities in the last 24 hours. These transfers are interpreted as an indication that investors may be preparing to sell, trade or reposition their assets.
“Worldcoin (WLD): 0.21% of its total supply was sent to Bybit.
Staked Ethereum (stETH): 0.20% of its supply transferred to Bybit.
Mantra (OM ($4.98)): 0.20% of its supply moved to Binance.
Reserve Rights (RSR ($0.01)): 0.14% of its supply sent to Binance.
Maker (MKR ($1,121.06)): 0.12% of its supply was transferred to Coinbase.
Movement (MOVE): 0.08% of its supply moved to KuCoin.
As crypto markets continue moving sideways, we are seeing notable altcoins moving to exchanges in the past 24 hours. Among the most recent single transfers are:
Worldcoin $WLD: 0.21% of supply moving to Bybit
Staked Ethereum $stETH: 0.20% of supply moving to Bybit
… pic.twitter.com/KCfaHHWvRj
— Santiment (@santimentfeed) January 30, 2025
*This is not investment advice.
Continue Reading: Santiment: “These Six Altcoins Risk Falling While Bitcoin Rises!”
