The 10 cryptocurrencies with the largest increase in whale trading volume

Top ten cryptocurrency projects with the largest increase in whale trading volume

According to data shared by Sanitation Intelligence, among whale transactions worth at least $100,000, the following ten cryptocurrency projects stand out based on weekly gains.

Human Protocol (H), Wrapping Bitcoin on Optimism Chain (WBTC), Maker (MKR), TrueUSD (TUSD) on Ethereum Chain, SPX6900 (SPX), SwissBorg (BORG), Rocket Pool ETH (RETH), World Currency on Optimism Chain (WLD), Cronos (CRO), Ethereum Domain Name Service (ENS).

According to Sanitation, the ranking tracks the percentage increase in transactions exceeding $100,000 in seven days for projects with a market value of at least $100 million. Large transfers may indicate an increase in activity by whales, institutions or other well-capitalized market participants.

Human Agreement (H)

Human Agreement (H) ranked first with a 500% increase in whale transactions, with transaction volumes exceeding US$100,000 each. In Sanitation's data set, the token price is approximately US$0.081839, with a market value of approximately US$159.22 million, and a seven-day transaction volume of US$4.16 million.

Human protocols operate in the fields of blockchain infrastructure and smart contracts. The significant increase in its large transactions made H the largest increase in whale activity among the ten projects examined, although higher whale participation does not necessarily mean continued buying pressure.

Packaging Bitcoin (WBTC)

Wrapped Bitcoin (WBTC) on the Optimism chain recorded a 440% increase in whale trading, ranking second. Sand's chart shows WBTC trading at approximately US$63,929.59, the market value of the version tracked is approximately US$7.44 billion, and transaction volume is US$127.33 million.

WBTC provides tokenization exposure to Bitcoin while allowing holders to interact with blockchain applications outside of Bitcoin's native network. Its presence on Optimism provides access to decentralized financial applications while retaining price exposure to BTC.

The sharp increase in transfers of more than US$100,000 suggests a significant increase in large-scale activity over the seven days measured.

Maker (MKR)

Maker (MKR) recorded a 400% growth in whale trading, tying for third place with TrueUSD. MKR is priced at approximately $1,387.77, and Sanitation lists a market value of approximately $1.17 billion.

Maker is related to decentralized financial and lending infrastructure, giving MKR investment characteristics that are different from payment or meme cryptocurrencies. The growth in large transactions suggests that high-value transfers involving MKR have expanded significantly this week.

However, growth in whale trading may reflect accumulation, allocation, inter-wallet transfers or other large-scale activities, so broader market conditions need to be taken into account when interpreting this indicator.

TrueUSD (TUSD)

TrueUSD (TUSD) on the Ethereum chain also recorded a 400% transaction increase of more than US$100,000. TUSD traded at close to US$0.99664 in Sanitation data, with a market value of approximately US$492.85 million, and a trading volume of US$16.92 million.

Unlike most cryptocurrencies in the rankings, TUSD is a stablecoin designed to maintain a value close to the U.S. dollar. As a result, rising whale activity has a different impact on prices than non-stablecoin assets.

Large TUSD transfers may instead reflect capital flows, liquidity management, trading activities or position adjustments across cryptocurrency platforms.

SPX6900 (SPX)

SPX6900 (SPX) recorded a 237.5% increase in whale trading, becoming the fifth largest gainer. The trading price of the token is approximately US$0.309,658, the market value is approximately US$288.28 million, and the seven-day trading volume is US$6.33 million.

Sanitation classifies SPX in the Ethereum and Minin market segments. Its large-scale transaction growth combined with a relatively small market value can lead to greater price sensitivity when large amounts of capital are in and out of the market.

This makes whale activity particularly noteworthy because large transactions can account for a significant proportion of liquidity in smaller cryptocurrency markets.

SwissBorg (BORG)

SwissBorg (BORG) recorded a 200% increase in whale trade of at least $100,000. Sanitation data shows that BORG is priced at approximately $0.148,356 and has a market value of approximately $145.72 million.

The project is classified in the Ethereum and Financial Services sectors, making BORG involve blockchain financial infrastructure. Growth in its whale trading makes it one of the strongest weekly gainers, although its market value is relatively small in the rankings.

Large-scale activity may have a stronger market reaction to less liquid assets, so trading volume and subsequent price behavior are important indicators alongside whale trading.

Rocket Pool ETH (RETH)

Rocket Pool ETH (RETH) also recorded a 200% weekly transaction growth of more than $100,000. RETH is trading at approximately US$2,189.34 and has a market value of approximately US$706.59 million.

RETH provides exposure to Ethereum liquidity pledges through the Rocket Pool ecosystem. Liquidity pledges allow cryptocurrency holders to participate in the pledge while retaining a token that can be used elsewhere in decentralized finance.

The increase in large transfers indicates increased whale level activity around the asset, putting RETH in a tie with SwissBorg, although their blockchain use cases are very different.

World Currency (WLD)

World Currency (WLD) on the Optimism chain recorded a 123.08% increase in whale trading. The Sand Chart shows WLD price at approximately US$0.333217, market value of approximately US$1.19 billion, and trading volume of US$250.19 million.

The world currency is associated with digital identity and authentication infrastructure, making its investment narrative different from decentralized finance and payment cryptocurrencies.

Relatively high transaction volumes combined with growing whale transfers indicate increased activity among large market participants. However, these trading representatives are accumulated or allocated, requiring additional on-chain and exchange traffic data to judge.

Cronos (CRO)

Cronos (CRO) recorded a 122.22% increase in whale trading, ranking ninth among the projects tracked. CRO's trading price is close to US$0.047202, with a market value of approximately US$2.23 billion, and a transaction volume of US$4.9 million.

CRO supports the Cronos blockchain ecosystem and is used in multiple blockchain-based financial applications. Despite its large market capitalization on the list, its weekly whale activity has increased by more than 120%.

The difference between relatively moderate trading volumes and rising large transactions makes follow-up activities worth watching to observe changes in liquidity and market participation.

Ethereum Domain Name Service (ENS)

Ethereum Domain Name Service (ENS) completed the rankings with a 116.67% growth in whale transactions exceeding $100,000. ENS is priced at approximately $4.20, has a market value of approximately $172.39 million, and has a trading volume of $7.17 million.

The Ethereum Domain Name Service provides Ethereum with a decentralized naming infrastructure, allowing complex blockchain addresses to be represented by more readable names.

Although ENS recorded the smallest percentage increase among ten cryptocurrencies, whale trading more than doubled over the seven-day measurement period, indicating a significant expansion in large-value transfer activity.

Conclusion

In Sanctuary's rankings, Human Protocols, Wrap Bitcoin, Maker, TrueUSD, SPX6900, SwissBorg, Rocket Pool ETH, Worldcoin, Cronos and Ethereum domain name services recorded the largest weekly percentage increases in whale transactions exceeding $100,000.

Human Protocol led the way with a 500% increase, followed by WBTC with 440%, while Maker and TrueUSD each recorded a 400% increase. SPX rose 237.5%, while the remaining five projects rose between 116.67% and 200%.

Sanction pointed out that non-stablecoin assets appearing on the list may be more susceptible to particularly high price fluctuations. However, the increase in whale trading alone does not determine whether big players are buying or selling.

Therefore, investors evaluating these cryptocurrencies should consider whale activity as well as price trends, exchange traffic, liquidity, trading volume, market capitalization and broader project fundamentals.

Frequently Asked Questions

1. Which cryptocurrency has the largest increase in whale trading?

According to Sanitation data, Human Agreement (H) ranks first, with a 500% increase in weekly transaction volume of at least $100,000.

2. How much has whale activity packaging Bitcoin increased?

Wrapped Bitcoin (WBTC) on the Optimism chain recorded a 440% increase in whale transactions exceeding US$100,000, ranking second.

3. Which cryptocurrencies recorded 400% growth?

Maker (MKR) and TrueUSD (TUSD) on the Ethereum chain both recorded a 400% increase in whale transactions exceeding US$100,000 during the measurement period.

4. Does rising whale activity mean that cryptocurrency prices will rise?

Not necessarily. Large transactions may represent accumulation, sales, wallet transfers, liquidity movements, or institutional activity, so this indicator cannot independently predict price direction.

5. Why should investors pay attention to these cryptocurrencies?

Sanitation pointed out that non-stable coins in the ranking may be more prone to large price fluctuations, so subsequent whale activity, liquidity and price movements are important indicators worthy of attention.