Massive $190,200,000 Whale Transaction Signals Big Price Action Ahead for Ethereum-Based Altcoin: Santiment

Crypto analytics firm Santiment says Decentraland’s (MANA) giant whale deal could mark big price swings for the Ethereum-based Metaverse project.

Santimento To tell A single whale suddenly moved 256.31 million MANA, equivalent to about $190.2 million, one of the largest transactions the network has ever seen.

According to Santiment, deals of this magnitude usually portend large price swings.

“Decentraland is conducting one of the largest transactions in history on its network today, with 256.31 million MANA moved from known whale addresses.

The move was worth $190.2 million. These large deals usually portend price movements in new directions. ”

Source: Santiment/Twitter

MANA is trading at $0.70 at the time of writing.

Santimento too To tell The largest Chainlink (LINK) transaction in eight months occurred on a whale migrating LINK worth $106 million.

The whale trade came just before LINK hit $8.34, the highest since the FTX collapse. LINK is back at $7.70 at the time of writing.

“Chainlink’s largest transaction in eight months happened 12 hours ago. $106 million moved on LINK to a new whale address. is four hours before hitting $8.34, the highest since the FTX collapse.”

Source: Santiment/Twitter

Santimento To tell Overall Crypto Market Healthy With Some Projects Gaining 20% ​​In Market Cap Over The Past Week Alone As Bitcoin (BTC) Threatens To Take A Big Psychological Price Level Of $25,000 It looks like

“The cryptocurrency market continues to show impressive returns, with a handful of projects increasing their market capitalization by more than 20% over the past week. can do.”

Source: Santiment/Twitter

Bitcoin is trading at $24,456 at the time of writing.

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