After a recent market accident launched by the Chinese AI model Deepseek, the cryptocurrency market slowly finds its base. Bitcoin returned to $ 105,000, and the global market increased by 2%. But just as things come back to normal, a warning has appeared.
A prominent chain market intelligence platform reported six altcoins which could soon face a sharp drop in prices. For what? Because the whales are preparing to unload these tokens.
If you have one of these tokens, it’s now time to be careful!
Whale activity points to potential price reductions
Santiment data show that during the last 24 hours, six major altcoins with stock market capitalizations between $ 800 million and more than $ 5 billion have experienced large transfers to various cryptography exchanges. This could indicate that investors are preparing to sell, exchange or adjust their positions.
Here is a ventilation of the most notable movements;
- Worldcoin (WLD): 0.21% of its total offer was sent to Bybit.
- Ethereum marked (steth): 0.20% of its supply was transferred to Bybit.
- Mantra (OM): 0.20% of its supply went to Binance.
- Reserve rights (RSR): 0.14% of its supply was sent to Binance.
- Maker (MKR): 0.12% of its supply was transferred to Coinbase.
- Movement (moving): 0.08% of its supply moved to Kucoin.
Deposits increased to exchanges often suggest that investors are preparing to sell. This could lead to a drop in prices as the market is flooded with more offer.
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Decreased the tendency
Despite the recent slowdown in the market, some of these altcoins managed to reverse the trend, displaying gains from 10% to 30% in last week. The Mantra (OM) is led by the pack, which increased by 32% in just seven days, with a market capitalization of $ 5 billion.
However, this strong increase has aroused concern that the big holders of these tokens could start to unload their assets to lock the profits.
Although these transfers do not guarantee immediate price changes, they highlight continuous activity on the cryptography market, even during quieter periods.
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The whales making their movements, the next few days could offer a clearer image of the market management.
Faq
The best altcoin to buy depends on market trends, but investors should consider solid artists like Mantra (OM), which has recently increased by 32%.
