Pre-Market Stash: Crypto Whales Are Currently Eyeing These Assets

The crypto market has been showing signs of recovery in recent weeks, with several crypto assets coming into the spotlight.

Crypto Assets in the Spotlight: Whale

According to analysis by Santiment, crypto whales are currently focusing on crypto assets with a market capitalization above $500 million.

These assets have a great chance of experiencing a trend reversal, making it a good time to enter the market.

,)) signals that a asset with a $500+ billion market cap has a good shot at seeing a trend reversal, making it an optimal time to enter. This week, several coins saw significant rises in whale transfers. These are the top 10, according to percentage increases among $500M+ marketcaps.

1) @kucoin $KCS

2) @circle $USDC (On Avalanche)

3) @ethena_labs $sENA

4) @wrappedbtc $WBTC (On… pic.twitter.com/qfuGvOPmYA

Among the crypto assets that are currently in the spotlight are Ethena, Worldcoin, and Floki.

ENA

Ethena is a new token that was launched in 2024.

After its launch, Ethena quickly gained popularity and recorded significant price spikes, even reaching an all-time high of over $800. However, due to the downward market trend, the value of this token has plummeted and is now trying to rise.

From its position among the top altcoins and the increasing activity of crypto whales, ENA is an asset worth considering.

WLD

, the US-based crypto exchange, has now launched in the country where it all started.

As part of the launch, the exchange is offering a bonus of 1,000 WLD tokens to new users who deposit at least $50 in crypto.

In addition, the exchange announced that it will be listing two new tokens each week.

The platform’s arrival in the US is a major milestone for the exchange, which has become one of the largest crypto exchanges in the world since its launch in 2020.

The exchange is known for its wide selection of tokens, low trading fees, and advanced trading features. It also offers a variety of products and services, including a DeFi platform, an NFT marketplace, and a Web3 gaming hub.

The exchange is currently ranked 10th on CoinMarketCap, with a 24-hour trading volume of over $1 billion. It is available in over 180 countries and supports over 1,000 tokens.

The exchange’s launch in the US is sure to be a popular event among crypto traders and investors. It is also a sign of the increasing mainstream adoption of cryptocurrencies.

With renewed interest in WLD and various updates to come, the token remains on the list of cryptos in the spotlight, especially considering its potential to rise.

FLOKI

FLOKI is one of the most popular crypto memes, but it lost its popularity during the crypto market downturn.

Interestingly, interest in FLOKI and other meme coins is recovering, opening up the opportunity for a short-term price rally, making it an interesting option to monitor. Even so, volatility is still high, so investors should remain cautious.

KCS

is the official cryptocurrency of the Kucoin exchange platform. Due to this status, KCS is often in the spotlight and experiences a significant upward trend.

Currently this token is in a downward phase, but if the trend reverses as signaled by analysis from Santiment, KCS could potentially be an option to highlight at this time.

Is a Crypto Market Rally in the Making?

After a few days of recovery, the crypto market is finally back to touching $3 trillion in market capitalization. Even so, the crypto market rally is still uncertain as investor sentiment is still neutral and there is no trigger strong enough to drive the bullish trend.

Experts predict that the upcoming FOMC meeting as well as a possible interest rate cut by the Fed could be the factors driving the market.

If that happens, it could be a good time to buy crypto – but investors should still be cautious and do further research before making a decision.

Stay tuned to Pintu News for the latest developments in the crypto market. Download Pintu crypto app via Google Play Store or App Store now and enjoy an easy and secure crypto trading experience. Get a web trading experience with advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties.

Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have