Cryptocurrency analytics firm Santiment has released a new analysis, leveraging whale transaction data to predict future price movements of major altcoins. The company’s focus is on the ‘whale’ metric – transactions exceeding $100,000 – which often foreshadow sharp price swings in the market. Their past insights show that sudden increases in whale activity can precede significant price fluctuations, peaks, or bottoms. Santiment highlights two notable examples from the past: During Bitcoin’s surge towards $20,000 in December 2017, a record 62,317 transactions exceeding this threshold were recorded on December 13th. This coincided with a sharp market downturn four days later. Similarly, when Bitcoin lost 45% of its value in May 2021, whales began buying, leading to a rebound from July mid-point. Their latest analysis delves into six cryptocurrencies currently generating substantial interest among whales.