🐳 Eurite, crypto's 521st largest market cap, valued at $50.9M, just saw nearly 10% of its entire supply move to Binance. Historically, coins that show up on Santiment's whale CEX deposit dashboard can see big sell-offs that can lead to volatility.

If you haven't looked into the hundreds of leading indicators provided on Santiment, we are proud to offer free 2-week trials for the most comprehensive cryptocurrency data platform. Make more informed decisions & see what others in crypto can't.

🐳 With altcoins skyrocketing this week, there are some major whale transfers moving to centralized exchanges. Eurite had a $3.3M transfer 8 hours ago, which makes up 7.4% of its supply. Other big whale moves include Illuvium, Mantra, Ethena, & Pepe.

👀 Use the completely free Whale CEX Deposits Dashboard from Santiment here, and see what others in crypto can't. https://queries.santiment.net/dashboard/top-cex-deposits-1001

📉 After the FOMC interest rate cuts, both crypto and equities traders were left feeling a bit concerned. Not because of the current cuts, but due to Jerome Powell's projection for 2025 to have half the amount of rate cuts as expected.

Altcoins, in particular, have gotten hammered over the past 24 hours. Assets like Avalanche (-16%), Chainlink (-16%) Litecoin (-16%), and Pepe (-17%) have pulled back considerably over the past 24 hours. If this was indeed an overreaction, there is a reasonable chance that the projects with the biggest drops will be the ones worth taking the biggest dip buy chances on.

🐶🐸😺 Meme coins are quietly having more mini breakouts this weekend. For coins like Dogecoin, Pepe, Dogwifhat, and Bonk, the larger wallets could continue to pump market caps longer until retail FOMO returns. Once the crowd catches wind and get greedy, the larger wallets sell and prices generally retrace shortly after.

Monitor these 4 meme coins here on this chart, and see how the crowd's speculative nature will continue to choose their fates.

🐳 According to the Santiment Centralized Exchange Deposits Dashboard, some of the largest trasnfers of altcoins include Eigenlayer ($2.8M), Ethena ($2.5M), Worldcoin ($2.0M), Wrapped Bitcoin ($4.8M), Pepe ($3.0M), and Chainlink ($1.8M).

When large levels of an asset's supply suddenly get moved to exchanges, it is a sign that a whale has intent to sell off a portion of their coin holdings. Though Bitcoin's continued ascent may minimize the impact of any tops for these respective altcoins, be aware of projects on this list being at greater risk of (at least) temporary retraces.

Monitor the top centralized exchange deposits on the completely FREE dashboard here!

🗣️ The top trending tokens in crypto are being dominated by meme coins as speculative assets dominate this historic bull rally. The top 6 notable assets seeing significantly higher discussion rates across social media are PNUT, PEPE, DOGE, MEME, NUX, and COIN. Bitcoin sits at #7.