List of Flash News about altcoin whale transfers
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2025-05-09 17:32 |
Altcoin Whale Transfers Surge: $3.3M Eurite Move and Major Activity in Illuvium, Mantra, Ethena, PEPE – Trading Impact Analysis
According to Santiment (@santimentfeed), several major altcoin whales have transferred significant amounts to centralized exchanges this week, coinciding with a surge in altcoin prices. Notably, @eurite_bc executed a $3.3 million transfer eight hours ago, representing 7.4% of its total supply. Other large-scale transfers were seen from @illuviumio, @mantra_chain, @ethena_labs, and @pepecoineth. These substantial inflows to exchanges often indicate increased selling pressure or preparation for portfolio rebalancing, which can increase short-term volatility and present trading opportunities for active traders. Monitoring on-chain whale activity remains critical for anticipating price swings and liquidity shifts in the current altcoin rally (Source: Santiment, May 9, 2025). |