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Cryptocurrency News Articles

Whales Transferred Six Major Altcoins to Exchanges, Possibly Signaling Large Upcoming Sell-Offs

Jan 30, 2025 at 04:52 pm

Worldcoin, Staked Ethereum, and Maker among tokens moved, increasing risk of price drops. Crypto market recovers by 2%, yet whale sell-offs could reverse recent gains.

Whales Transferred Six Major Altcoins to Exchanges, Possibly Signaling Large Upcoming Sell-Offs

Whales have moved six major altcoins to exchanges, which could indicate upcoming sell-offs.

Worldcoin, Staked Ethereum, and Maker are among the tokens that have been shifted, increasing the potential for price drops.

The crypto market recovered by 2%, but these whale sell-offs might reverse the recent gains.

Following a recent market crash, which was triggered by the Chinese AI model Deepseek, the crypto market has been slowly recovering. Bitcoin’s price is back to $105K, and the overall crypto market saw a 2% increase. However, a leading on-chain market intelligence platform has flagged six altcoins that are about to see a massive price drop as whales begin to offload these coins.

If you’re holding any of these tokens, you’ll want to pay close attention!

Major Altcoins Moved to Exchanges

According to data from Santiment, over the last 24 hours, six major altcoins have been moved to various crypto exchanges in large amounts. These tokens have a market cap that ranges from nearly $800 million to over $5 billion. In the meantime, these transfers could indicate that investors are preparing to sell, trade, or might be repositioning their holdings.

Here’s a quick look at the most notable moves:

Worldcoin (RISR)֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯֯

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