📊 With crypto ranging, keep an eye on the altcoins showing the highest rises in whale engagement. Here are the weekly leaders in whale transaction increases:

🐳 1) Render $RENDER

🐳 2) SPX6900 $SPX

🐳 3) Sky $SKY

🐳 4) BitDAO $BIT

🐳 5) Unus Sed Leo $LEO

🐳 6) Dai $DAI (On Optimism)

🐳 7) USD Coin $USDC (On Optimism)

🐳 8) Optimism $OP

🐳 9) Aave $AAVE (On Polygon)

🐳 10) Aave $AAVE (On Ethereum)

📈 These are the projects with the highest rises in whale transactions this week compared to last week. Among non-stablecoins, expect high likelihoods of price reversals and volatility among this group:

🐳 Ethereum Name Service $ENS

🐳 Compound $COMP

🐳 Virtuals #VIRTUAL

🐳 Dai $DAI

🐳 USD Coin $USDC (On Arbitrum)

🐳 Mantle $MNT

🐳 OKB $OKB

🐳 USD Coin $USDC (On Optimism)

🐳 Wrapped Ethereum (On Polygon) $WETH

🐳 SPX6900 $SPX

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🐳 The cryptocurrencies seeing the highest rise in whale activity this week are:

🪙 Pancake Swap $CAKE

🪙 USD Coin $USDC (On Arbitrum)

🪙 Hex $HEX

🪙 Mantle $MNT

🪙 Dai $DAI (On Binance Chain)

🪙 Wrapped Ethereum $WETH

🪙 WhiteBit $WBT

🪙 USD Coin $USDC (On Optimism)

🪙 Dai $DAI (On Avalanche)

🪙 Unus Sed Leo $LEO

👀 Keep an eye on the cryptocurrencies seeing the highest rises in whale activity (compared to their usual levels). This week, the top risers are:

🐳 1) Fasttoken $FTN

🐳 2) OKB $OKB

🐳 3) Dai $DAI (On Optimism)

🐳 4) Wrapped Ethereum $WETH

🐳 5) PancakeSwap $CAKE

🐳 6) Dai $DAI (On Avalanche)

🐳 7) FTX Token $FTT

🐳 8) USD Coin $USDC

🐳 9) Nexo $NEXO

🐳 10) AIOZ $AIOZ

📈 These are the assets seeing the highest increase in new wallet creation this week, indicating increased network growth despite the market-wide crypto correction:

📌 1) Baby Doge Coin #BABYDOGE

📌 2) Unu Sed Leo $LEO

📌 3) True USD $TUSD

📌 4) Multi Collateral Dai $DAI

📌 5) Sushiswap (On BNB) $SUSHI

📌 6) Sushiswap (On Ethereum) $SUSHI

📌 7) Frax $FRAX

📌 8) Turbo Toad Token $TURBO

📌 9) Tether $USDT

📌 10) Mog $MOG

Long-term, added utility and increased network growth is a necessary ingredient for market caps to rise. Stay on the lookout for projects with major increases in wallet creation.

📊 Keep an eye on the following crypto projects seeing major boosts in whale transactions in the past week (compared to their whale activity the prior week):

🐳 1) Cronos $CRO +255%
🐳 2) Aave $AAVE (On Optimism) +100%
🐳 3) Ethena USDe $USDe +82%
🐳 4) Multi-Collateral Dai $DAI +75%
🐳 5) USD Coin $USDC (On Polygon) +57%
🐳 6) Wrapped Ether $WETH +53%
🐳 7) Aave $AAVE (On Polygon) +50%
🐳 8) Toncoin $TON +50%
🐳 9) Immutable X $IMX +36%
🐳 10) Arbitrum $ARB +25%

📈 In general, following whale activity in the altcoin market, can lead to making more optimized profit in your portfolio. Pay particular attention to coins that have been dropping in value that suddenly see massive whale spikes. These are prime candidates for upcoming bounces.

🐳 Among cryptocurrencies with at least a $2B in market cap, these are the projects seeing the highest rises in whale activity compared to the week prior:

1) Injective $INJ 🥇 +456% Rise
2) Wrapped Bitcoin $WBTC 🥈 +421% Rise
3) Shiba Inu $SHIB 🥉 +360% Rise
4) Multi Collateral Dai $DAI +147% Rise
5) Pepe $PEPE +109% Rise
6) Tether $USDT +74% Rise
7) Ethena Labs $USDe +67% Rise
8) Dogecoin $DOGE +67% Rise
9) Wrapped Ethereum $weETH +62% Rise
10) Optimism $OP +59% Rise

💸 Concerned about another #crypto market retrace? You may be comforted by the fact that the amount of non-empty #stablecoin wallets are rising. In 2024, the amount of #USDCoin non-empty wallets has grown by +13.9%, and #Tether wallets have grown +15.7%.

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The supply of #stablecoins appear to have been rapidly accumulated by large wallets over the past 3 weeks. Wallets holding at least $5M in #crypto have added a collective 5.09% of the combined supplies of $USDT, $USDC, $BUSD, $DAI, $TUSD, and $USDP.