Analytics Firm Issues Whale Activity Warning as Crypto Recovers from Geopolitical Jolt
Cryptocurrency markets are rebounding after a sharp drop driven by heightened tensions between the U.S., Iran, and Israel.
But according to on-chain analytics firm Santiment, renewed volatility may be on the horizon for several altcoins.
Santiment Flags $1M+ Whale Transfers to Exchanges
Despite the relief rally, Santiment has warned of potential price swings due to large whale transactions spotted across several altcoins. The firm reported that over $1 million in the following tokens has been moved to centralized exchanges in the past day:
- PAX Gold (PAXG)
- Space ID (ID)
- Gala (GALA)
- Aethir (ATH)
- Pendle (PENDLE)
“Be prepared for volatility, especially when high percentages of a coin’s supply are transferred to a CEX,” Santiment cautioned.
Such moves are typically interpreted as preparation for potential sell-offs, as whales may be positioning to exit or rebalance holdings. Historically, these patterns often precede short-term price volatility.
Short-Term Risks for Targeted Altcoins
Santiment’s alert reinforces the importance of tracking large-scale wallet movements—especially during periods of geopolitical and macroeconomic uncertainty. Traders are advised to closely monitor PAXG, ID, GALA, ATH, and PENDLE, as increased inflows to exchanges could signal near-term selling pressure.
While Bitcoin and Ethereum show signs of stabilization, certain altcoins may still face turbulence as on-chain data hints at further repositioning by large holders.
Kosta Gushterov
Reporter at Coindoo
Kosta kam 2021 zum Team und hat sich mit seinem Wissensdurst, seiner unglaublichen Hingabe und seiner analytischen Denkweise schnell einen Namen gemacht. Er deckt nicht nur ein breites Spektrum an aktuellen Themen ab, sondern schreibt auch bemerkenswerte Rezensionen, PR-Artikel und Bildungsinhalte. Seine Arbeit wird auch von anderen Nachrichtenagenturen zitiert.
