Prominent crypto analytics platform Santiment is alerting that several altcoins may be flashing a bearish signal.
In a post on the social media platform X, Santiment says that some altcoins – including Sam Altman’s digital identification platform Worldcoin (WLD) and memecoin SPX6900 (SPX) – are being sent to exchanges in relatively large volumes.
Generally speaking, coins being sent to exchanges is bearish since it implies more of the supply is available to be sold off on the open market. Other coins flashing the bearish signal include the governance token of the cloud-based blockchain platform Onyxcoin
(XCN), the native asset of the automated staking service Lido DAO (LDO) and the utility token of digital asset exchange Crypto.com (CRO).
“Several cryptocurrencies you may not have on your
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