Crypto Whales Are Stocking These 3 Altcoins!
Famous crypto analytics firm Santiment announced which altcoins crypto whales stocked last week.
Crypto whales are stocking these 3 altcoins. Santiment announced which altcoin projects the giant whales purchased last week. Santiment also provided information on altcoins that whales sell for other cryptocurrencies and cash.
Whales Are Silently Collect These 3 Altcoins
World-renowned crypto analytics firm Santiment announced in its new report that the number of whales holding 100+ yearn.finance (YFI) tokens rose from 64 to 68 last week as of March 3.
Santiment stated that the Enjin (ENJ) game token is also in the focus of giant whales this week. According to the updated data released, there are 91 ENJ holders with over 1 million tokens, compared to 84 in the previous week.
Santiment also found that the whales Crypto.com website was accumulating local cryptocurrency CRO at a noticeable pace. The firm said on March 3, 2,591 people purchased more than 10,000 CRO tokens, which corresponds to an increase of 2.78 percent within a week.
Whales Review These 3 Altcoins
According to Santiment's statements, the three altcoins sold by whales in favor of cash or other assets were recorded as layer 2 scaling solution Polygon (MATIC), virtual reality platform Decentraland (MANA) and off-chain scaling solution Raiden (RDN).
Even though the MATIC whale population is declining, crypto analytics firm Santiment recently said its scaling solution with ENJ, Theta Fuel (TFUEL) and XinFin (XDC) is currently outperforming most of the market, especially BTC. Some altcoins have been outperforming Bitcoin lately. Santiment tells its 49,500 Twitter followers that massive crypto whales are consuming their Bitcoin reserves and preventing the most likely cryptocurrency from growing significantly.
Source:
Kriptokoin.com