In the ever-changing sphere of cryptocurrency, large investors—or “ whales ,” as they’re commonly known—have been stirring things up with their big trades. Over the last few weeks, we have seen an uptick in whale activity across several major cryptocurrencies. Notably, this uptick has occurred during a significant and prolonged price dip. So, what gives? As with many things in crypto, the answer isn’t simple. The uptick in whale activity is definitely an indication that some large stakeholders are making significant moves. Whether they are doing it for the long-term upside or for reasons of ecosystem strategy we can’t quite discern, we thought it would be worthwhile to look into which crypto projects are seeing the most whale action. Key Cryptocurrencies Seeing Increased Whale Activity In the past 24 hours, a number of major cryptocurrencies have seen a spike in whale transfers. Some of the assets being moved are stablecoins, which typically signal that the parties involved are getting ready to make some major purchases of other tokens. But plenty of other accumulated assets are also being moved around in ways that suggest they’re just being held for the time being. Here are the top 10 cryptocurrencies (by market cap) that have seen the largest increases in transfers to and from whales: 1. Arbitrum on $DAI（MakerDAO） $DAI is one of the few decentralized stablecoins issued by MakerDAO. On Arbitrum, the phenomenon of whale transfers of $DAI is more obvious. The currency whales on the Arbitrum network are preparing for the financial war in advance. In the current stage of market shrinkage, $DAI is being reserved in advance by financial tycoons as one of the weapons for the upcoming financial war. 2. $MATIC on Ethereum (Polygon) The primary gas token for Ethereum Layer-2 scaling solution Polygon, $MATIC, is seeing increased attention from wealthy investors. Despite the lull the overall crypto space is in, the Polygon network itself is growing, diversifying, and moving toward a more profitable business model. $MATIC, meanwhile, is on the way to becoming a mainstay in Ethereum scaling. If these trends are real and not just a rosy picture being painted for the next crypto winter, then Polygon’s $MATIC may benefit as a whale favorite. 3. $FLOKI in Ethereum (Floki Inu) The meme-coin phenomenon is a darling for massive whale activity, and Floki Inu ($FLOKI) is no different. These pro whales are taking full advantage of a market downturn to stuff more of this coin into their portfolios. The large community and burgeoning ecosystem of Floki Inu make the token attractive to these big players, even amid a broader bearish market. 4. USD0 (Usual Money) #USD0, stablecoin is witnessing a surge in whale activity. This suggests that the major leaguers are prepping for a future round of asset accumulation, one that just might lead us on a path back to an all-time high. The uptick in stablecoin transfers is usually a precursor to whale activity in other cryptocurrencies or decentralized finance tokens that are seen as having high upside potential. 5. $QNT (Quant Network) The native token of Quant Network, $QNT, has seen a sharp uptick in whale transfers. This is not surprising given that Quant Network’s technology offers direct interoperability between the various blockchain systems. This potential to bridge the gap between different ecosystems has the big investors coming in and looking to secure a position before the token sees a larger uptick in value. 6. $RENDER (Render Network) The $RENDER token from the Render Network has been seeing a lot of increased whale activity lately, which usually points to the fact that the project in question—here, the Render Network—has a lot of increased interest around it. And with good reason! The services that the Render Network enables—decentralized rendering services for digital creators—are becoming more necessary as our world increasingly trends toward widespread adoption of digital art and NFTs. 7. Circle $USDC Circle’s stablecoin, has seen a substantial bump in whale transfers on the Arbitrum network. This seems to indicate that the whales have their sights set on making some kind of strategic move across the DeFi landscape. Given the prominence of USDC as one of the most widely adopted stablecoins, the transfer activity of this coin can often act as a signal portending some investment or trading decision that the DeFi whales are about to make. 8. $UNI (Uniswap) The governance token for one of the largest decentralized exchanges, Uniswap, has seen interest from its whales during the recent dip. DeFi (decentralized finance) may still be in its infancy, but it is expanding rapidly. Uniswap’s market share makes $UNI a good bet if you believe in the long-term growth of DEX (decentralized exchange) platforms. 9. $AAVE (Aave) Whales have been stacking Aave’s $AAVE token, which is used for governance and staking in the popular DeFi lending protocol. Aave has become a serious player in the decentralized lending sector, with a substantial amount of development behind it, and this seems to have drawn some large investors into the project. 10. $WBTC (Wrapped Bitcoin) Wrapped Bitcoin ($WBTC) permits the utilization of Bitcoin within the Ethereum environment. A recent uptick in whale activity has occurred, suggesting that there is a token buildup going on at the moment. By allowing Bitcoin to be used in DeFi applications, WBTC is not just bridging but also building a bridge between Bitcoin’s security and Ethereum’s smart contract capabilities. Looking for projects with major whale transfer activity on a big dip buy day? Here are the coins with the top increases in whale activity in the past 24 hours: 1) @makerdao $DAI (On Arbitrum) 2) @0xpolygon $MATIC (On Ethereum) 3) @realflokiinu $FLOKI (On Ethereum) … pic.twitter.com/SW3OySvC9f — Santiment (@santimentfeed) February 25, 2025 A Strong Signal for the Market The upswing in whale activity is being very much noticed as a potential boost to the projects. Why? Because it seems these deep-pocketed investors are transferring tokens into their own wallets. Increasing whale activity is now happening across the board. And if we aren’t underestimating the capacity for shell games, whale transfers may also denote accumulation efforts. “For all those reasons, whale activity may very well be a potential green light.” To sum up, the projects’ increasing whale activity signals a vote of confidence from large-scale investors and makes their tokens more attractive as a result. Once we recover from the current market dip, it will be quite captivating to observe how these assets act in upcoming weeks and months. Should whales keep on amassing these projects in overcast times, it may well signal a robust underlying confidence in the way of these projects’ future. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
