Summary
- Crypto whales appear to be preparing to buy by transferring stablecoins to exchanges.
- Santiment reported that this movement is likely to lead to a price increase across the market.
- It was mentioned that this indicator can be interpreted as a bullish signal.
Crypto whales are showing signs of preparing to buy cryptocurrencies.
On the 26th (local time), the global on-chain analysis platform Santiment announced on its official X, "Crypto whales are moving stablecoins to exchanges. This is a strong signal that whales are preparing to buy."
It added, "This could soon drive up the prices across the market. You can consider this indicator as a bullish signal."
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
