Leading analytics firm Santiment says the recent digital asset market uptick has been accompanied by a spike in crypto whale activity.
Santiment notes that whales on the Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and Chainlink (LINK) networks have all hit their highest activity levels in the past six months.
Explains the analytics firm,
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“There may be a bit of profit-taking happening to end the week, but this doesn’t necessarily signal that tops are imminent.”
Source: Santiment/X
BTC is trading at $37,388 at time of writing. The top-ranked crypto asset is up by nearly 8% in the past seven days.
ETH, the second-largest crypto asset, is trading at $2,084 at time of writing and is up nearly 14% in the past week.
ADA is trading at
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