Crypto analytics agency Santiment is revealing which altcoins crypto whales have been stockpiling over the previous week.
In a brand new report on market situations, Santiment says that as of March third, the variety of whales holding 100+ yearn.finance (YFI) tokens stands at 68, up from 64 the earlier week.
The Enjin (ENJ) gaming token can also be the topic of renewed whale curiosity this week, in accordance with Santiment. There are 91 ENJ holders with greater than 1 million tokens, which is up from 84 the earlier week.
As well as, Santiment observed that whales are accumulating Crypto.com’s native asset CRO at a big tempo. The agency reveals that on March third, 2,591 people maintain 10,000+ CRO tokens, representing a rise of two.78% in a span of 1 week.
The three altcoins that whales are ditching both in favor of money or different belongings are layer 2 scaling answer Polygon (MATIC), digital actuality platform Decentraland (MANA) and off-chain scaling answer Raiden (RDN).
Though MATIC’s whale inhabitants could also be dropping, Santiment lately reported that the scaling answer, together with ENJ, Theta Gas (TFUEL), and XinFin (XDC), are at present outperforming a lot of the market, particularly BTC.
Whereas some altcoins could also be outpacing Bitcoin as of late, Santiment tells its 49,500 Twitter followers that crypto whales are consuming up BTC provides, presumably preempting a serious run-up for the biggest crypto asset by market cap.