Crypto Whales Fuel Activity in Non-Stablecoin Altcoins

A surge of activity from large investors, known as whales, is shaking up the cryptocurrency market. On-chain analytics platform Santiment reveals a dramatic increase in high-value transactions (over $100,000) for several non-stablecoin altcoins—Ethereum Name Service (ENS), Compound (COMP), and Virtuals Protocol (VIRTUAL). Analysts at Turkish NY Radio believe this increased activity may signal upcoming market fluctuations.