Whale Activity on Top Ethereum Altcoin Project Skyrockets 1,100% As Litecoin and Decentraland See Massive Jumps: Santiment

Whale Activity on Top Ethereum Altcoin Project Skyrockets 1,100% As Litecoin and Decentraland See Massive Jumps: Santiment


Crypto analytics firm Santiment reports that whale activity on three altcoins has surged since the start of 2023.

Starting with the liquidity protocol Aave (AAVE), Santiment says that the 42nd-largest crypto asset by market cap has seen the number of transactions valued at over $100,000 increase by more than 1,100% year-to-date.

Next up is Litecoin (LTC). According to the crypto analytics firm, the 16th-largest digital asset by market cap has recorded an over 75% increase in $100,000+ transactions since the start of the year.

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On the other hand, Santiment says that the decentralized virtual world Decentraland (MANA) has seen an over 871% increase in the level of transactions worth above $100,000 in under three weeks.

“As market-wide pumps have flattened out, for now, several altcoins

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