Santiment Announces 4 Altcoins With High Whale Activity After FED Rate Cut

According to the statement made by cryptocurrency analysis company Santiment, three different altcoins experienced sudden increases in whale activity within a day and a half after the FED's interest rate decision.

Interestingly, according to analysts, altcoins Fantom (FTM), Immutable X (IMX), and Basic Attention Token (BAT) have seen notable increases in whale activity.

Santiment analysts argued that these altcoins could develop positively as long as the growth of Bitcoin and the cryptocurrency market continues.

However, another altcoin with high whale activity was announced. Using Santiment data, analyst Ali Martinez reported in his statement that Ripple (XRP) whales have collected 380 million XRP in the last 10 years. This corresponds to approximately $ 228 million.

The company had previously stated that, in addition to Bitcoin, Solana (SOL) and MEW altcoins were among the most talked about and trending altcoins recently. However, it is worth noting that MEW has not yet been listed on Binance or Coinbase.

*This is not investment advice.