Whale Movements Hint at Major Altcoin Reversals – Santiment Spots Critical Signals
Crypto whales are making waves again—and their latest maneuvers could signal turning points for top altcoins. Market intelligence firm Santiment flags unusual activity that historically precedes big price swings.
When the big players move, retail traders scramble. This time looks no different—except maybe the speed at which degenerate gamblers will FOMO in after the fact.
Watch these three chains for abnormal accumulation patterns. Because nothing says ''healthy market'' like a handful of anonymous wallets controlling the fate of billions in digital monopoly money.
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In its latest breakdown, the firm highlights six altcoins seeing notable whale involvement. Three appear to be in accumulation zones, while three others could be facing near-term pressure.
- SHIB hit a five-month high in whale trades on June 5, which was followed by a 10% price jump—potentially the beginning of a broader rally.
- ANKR, down 23% in the last month, saw eight major transactions on June 8, hinting at a possible turnaround.
- LCX registered its most active whale day since February on June 9, coinciding with an 8% price uptick.
- SPX6900, after soaring nearly 500% in three months, saw 134 large transactions—likely profit-taking.
- COMP experienced 157 big moves on June 9, similar to a spike that preceded a local top in April.
- UMA surged over 50% earlier this month but hit its highest whale transaction count of the year on June 8, signaling potential selling pressure.
Santiment’s analysis suggests that whale behavior continues to serve as a critical indicator of upcoming volatility—whether it’s accumulation ahead of a rebound or distribution NEAR a peak.
