Rising Whale Activity on These Three Ethereum-Based Altcoins a Sign of Potential Bullish Turnaround: Santiment
Crypto analytics platform Santiment says that three alt coins are showing signs of potentially reversing course after a bearish run. Santiment says that whale activity is on the rise for decentralized exchange protocol dYdX (DYDX), data exchange platform Ocean Protocol (OCEAN) and crypto payments network Request (REQ). According to Santiment, the rise in whale activity signals that a “turnaround becomes much more likely” after a period of price declines. Source: Santiment/X DYDX is trading at $1.85 at time of writing while OCEAN is changing hands at $0.286. REQ is priced at $0.081 at time of writing. Turning to Ethereum (ETH), Santiment says that the largest exchange and non-exchange wallets are loading up on the second-largest crypto by market cap. The analytics firm notes that the 10 largest non-exchange wallets own $61.1 billion worth of Ethereum – a new all-time high. Meanwhile, the 10 largest exchange wallets control $10.9 billion worth of ETH...