在表面下，區塊鏈分析平台的鯨魚活動急劇上升

在表面下，區塊鏈分析平台在許多大型加密貨幣中的鯨魚活動急劇上升。

An analysis by blockchain analytics platform Santiment has revealed a striking increase in whale activity across a number of large cryptocurrencies.

區塊鏈分析平台的分析表明，許多大型加密貨幣的鯨魚活動有驚人的增加。

This finding, which might give some pause to consider what it might mean for us common folk trading these crypto assets, is due to the fact that whales are powerful entities. They can make or break a market, as they say, by their sheer presence. And in the last week, the 10 cryptocurrencies with the largest percentage increases in transfers to and from entities holding over a million units were not top-tier assets by any means.

這一發現可能會暫停考慮這對我們對這些加密資產的普通民間的意義，這是由於鯨魚是強大的實體。正如他們所說，他們可以通過純粹的存在來建立或破壞市場。在最後一周，持有超過一百萬輛的實體的轉移和來自持有的實體的10次加密貨幣並不是一流的資產。

The cryptocurrencies with the highest percentage increases in transfers to and from entities holding over 1 million units in the last week are (in no particular order): KCS, USDC (Avalanche), sENA, and WBTC (Optimism).

在上週，往返100萬個單位的實體的轉移率最高的加密貨幣（沒有特別的順序）：KCS，USDC（Avalanche），Sena），Sena和WBTC（樂觀）。

Other notables in the bunch include UNI, USDT (Avalanche), OP, WLD (Optimism), CRV (Arbitrum), and FLOKI.

束中的其他著名人物包括Uni，USDT（Avalanche），OP，WLD（樂觀），CRV（intivum）和Floki。

🐳 Several cryptocurrencies saw massive increases in whale activity this week. These are the top 10, according to percentage changes among $500M+ marketcaps.

🐳本週幾次加密貨幣的鯨魚活動大大增加。根據5億美元以上的市場貼圖的百分比變化，這是前10名。

📌 1) @kucoin $KCS

📌1）@cocoin $ kcs

📌 2) @circle $USDC (On Avalanche)

📌2）@circle $ usdc（在雪崩上）

📌 3) @ethena_labs $sENA

📌3）@ethena_labs $ sena

📌 4) @wrappedbtc $WBTC (On…https://t.co/qfuGvOPmYA— Santiment (@santimentfeed) April 30, 2025

📌4）@wrappedbtc $ wbtc（on…https：//t.co/qfugvopmya- santiment（@santimentfeed）2025年4月30日

At the head of the list is KCS, the native token of KuCoin, which saw the highest percentage increase in whale transfers among the tracked group. KuCoin exchange has seen a recent uptick in both user engagement and scrutiny, which could mean that its internal wallet movements or outflows to institutions are part of some recent token accumulation. These transfers don’t always mean there are buys or sells happening, but they do often come before a price move, which is something traders tend to watch.

名單上的是KCS，KCS是Kucoin的本地令牌，在追踪組中，鯨魚轉移的百分比最高。 Kucoin Exchange最近在用戶參與度和審查中都提出了上升，這可能意味著其內部錢包的動作或向機構流出是最近一些令牌積累的一部分。這些轉移並不總是意味著發生或出售的情況正在發生，但是它們通常是在價格轉移之前出現的，這是交易員傾向於觀看的。

Among the tokens added to the list, the Uniswap token (UNI), the native OP token from Optimism, and the Worldcoin token (WLD)—which both operate on the layer-2 Optimism network—are some of the biggest.

在列表中添加的代幣中，Uniswap令牌（UNI），樂觀的本機OP令牌以及在第2層樂觀網絡上運行的WorldCoin令牌（WLD）是最大的。

Whale transfers of these tokens may indicate upcoming governance decisions, asset unlocks, or speculative activity. Given the substantial network overlap these tokens have, it would appear that Optimism Capital is Concentrating this week.

這些令牌的鯨魚轉移可能表明即將進行的治理決策，資產解鎖或投機活動。鑑於這些代幣的實質網絡重疊，似乎樂觀資本本周集中。

The CRV of Curve on Arbitrum is also very prominent. With CRV often serving as a token that incentivizes liquidity in DeFi protocols, large-scale movements could soon signal a major shift either in strategy (if the movement is toward better liquidity) or in market dynamics (if the movement is toward worse liquidity). Host to another rising whale, the meme coin turned utility project, FLOKI, rounds out the list. With movements in FLOKI seemingly also correlated to some upcoming announcements or just some good, ole hype cycles, sloshing around a still very liquid Ethereum could do any number of things in terms of price effects even if the liquid in question is not doing very much in the way of providing real economic value.

仲裁曲線的CRV也非常突出。隨著CRV通常充當激勵DEFI協議中流動性的代幣，大規模的運動可能很快就會表明戰略的重大轉變（如果運動朝著更好的流動性邁進）或市場動態（如果運動朝著較差的流動性降低）。主持人是另一個上升的鯨魚，Meme Coin變成公用事業項目Floki將列入榜單。隨著Floki的運動似乎也與一些即將發布的公告或僅僅是一些好的Ole炒作週期相關，即使在相關的液體並沒有在提供實際的經濟價值方面做很多事情，繞仍然非常液體的以太坊都可以在價格效應方面做任何事情。

For a long time, assets on comparable whale transfer lists—especially non-stablecoin assets—have shown a greater chance of short- to mid-term price reversals. But here’s the thing: this isn’t a guaranteed indicator. And the reason it isn’t shouldn’t really be surprising. After all, the price of an asset is influenced by a whole lot of (often unpredictable) factors.

長期以來，可比較的鯨魚轉移清單（尤其是非穩定資產）上的資產顯示出更大的短期至中期價格逆轉的機會。但這是事實：這不是保證的指標。而且原因不應該真正令人驚訝。畢竟，資產的價格受到很多（通常是不可預測的）因素的影響。

For traders and investors, this data represents a key opportunity to identify potential entry or exit points. While stablecoin movements typically suggest preparatory positioning, the behavior in volatile tokens like KCS, sENA, UNI, and CRV may offer more actionable signals, especially when paired with price momentum or technical indicators.

對於交易者和投資者，此數據代表了確定潛在進入或退出點的關鍵機會。儘管穩定的運動通常建議進行預定位置，但KCS，Sena，Uni和CRV等揮發性令牌中的行為可能會提供更多可操作的信號，尤其是與價格動量或技術指標配對時。

These changes in whale behavior are likely to affect the broader trading story in the days ahead, and they could have an effect on volatility, which is already picking up in major markets.

鯨魚行為的這些變化很可能會影響未來幾天的更廣泛的交易故事，並且它們可能會影響波動，這已經在主要市場中浮現。