Something Big Is Happening: Crypto Whales Trigger 1,111% Activity Spike On These Two Tokens
Large holder activity for Cronos (CRO) and Bitget Token (BGB) increased by more than 800% this week compared to last week, according to blockchain analytics firm Santiment.
The data tracked whale transactions for tokens with market capitalizations above $500 million.
Cronos whale activity rose 1,111% week-over-week, while Bitget Token transactions from large holders increased 800%. Circle (USDC) stablecoin saw whale activity climb more than 500% on the Optimism network.
Santiment defines whale activity as transactions from addresses holding significant token amounts. Historical patterns suggest these spikes can precede increased trading volumes, though the correlation is not guaranteed.
What the Data Shows
Nine of the top 10 tokens by…
