Top Tokens Seeing Major Exchange Transfers
According to Santiment’s Whale CEX Deposit Dashboard, several mid- and low-cap cryptocurrencies have seen large-scale transfers to centralized exchanges, potentially signaling upcoming price volatility.
Among the most notable was Eurite, which saw a single deposit move nearly 10% of its total circulating supply to Binance.
Eurite Sees Sudden 4.6M Token Transfer to Binance
Eurite, currently ranked 521st by market cap with a valuation of approximately $50.9 million, experienced a major on-chain event when 4.6 million EURITE tokens were moved to Binance in a single transaction. This one transfer represents nearly 10% of the token’s total supply, raising concerns of a potential large-scale selloff.
Historically, coins that show up with significant deposits on Santiment’s whale dashboard have frequently faced downward pressure, as supply moved to exchanges increases the likelihood of liquidation.
Other Notable Tokens with Large CEX Inflows
The data also highlights other assets with sizable exchange inflows over the past 24 hours:
- First Neiro (on Ethereum): 1.1M tokens sent to Binance
- PAX Gold: Two separate transactions totaling 6.1M tokens, primarily to Binance and Paxos
- Maple Finance: 1M MAPLE tokens transferred to Binance
- Pepe: 6.9M PEPE tokens deposited, continuing its trend of high-frequency exchange flows
These inflows suggest that profit-taking or hedging behavior could be increasing, particularly for smaller-cap tokens more vulnerable to single-wallet pressure.
Volatility Watch: What to Expect Next
The appearance of these assets on Santiment’s whale radar often marks a short-term inflection point in price action. Traders and investors may want to monitor these tokens for heightened volatility, especially as market sentiment pivots around exchange supply levels.
For now, the spotlight remains on Eurite, whose sharp transfer may set the tone for what follows in altcoin price movements this week.
Kosta Gushterov
Reporter at Coindoo
Kosta gehört seit 2021 zum Team und hat seine Position mit seinem Wissensdurst, seinem unglaublichen Engagement und seiner „detektivischen“ Denkweise gefestigt. Er deckt nicht nur eine breite Palette von Trendthemen ab, sondern erstellt auch Rezensionen, PR-Artikel und Bildungsinhalte. Seine Arbeit wurde auch von anderen Nachrichtenagenturen referenziert.
