Analytics Firm Issues Whale Activity Warning as Crypto Recovers from Geopolitical Jolt

Whales Trigger Alerts in the Crypto Market After the Geopolitical Ceasefire - The Cryptocurrency Post

TL;DR Santiment detected multi-million dollar transfers of PAXG, ID, GALA, ATH, and PENDLE to exchanges, a typical sign of potential selling pressure in the crypto market. Whale activity carries extra weight in an unstable geopolitical climate, where any major move tends to amplify volatility. Bitcoin and Ethereum show signs of stability, but several altcoins are still experiencing unusual flows that could trigger sharp price swings. The crypto…

Analytics Firm Issues Whale Activity Warning as Crypto Recovers from Geopolitical Jolt

But according to on-chain analytics firm Santiment, renewed volatility may be on the horizon for several altcoins. Santiment Flags $1M+ Whale Transfers to Exchanges Despite the relief rally, Santiment has warned of potential price swings due to large whale transactions spotted across several altcoins. The firm reported that over $1 million in the following tokens has been moved to centralized exchanges in the past day: PAX Gold (PAXG) Space ID …