Crypto News: The global digital asset market registered some major turbulence over the month of February. Bitcoin (BTC), the world’s largest crypto went on to breach the $25k price level leading the market toward recovery. However, the On-Chain data depicts that the crypto whales have been targeting several tokens over the past few weeks.
Crypto Whales Goes For Cardano
As per the data shared by Santiments, Cardano (ADA) has been the top target of the crypto whales over the past few weeks. The recent major spikes indicate major interest emerging amongst the whales at the current price level.
Data depicts that around 540 transactions of moving more than $100k worth of ADA each, were done by the whales on February 20, 2023. However, such spikes were recorded multiple times since the beginning of February.
Cardano price is up by 4% over the past 30 days. ADA is trading at an average price of $0.394, at the press time. Read More Crypto News Here…
HEX Up By 174%
The next in line is the Richard Heart’s Hex (HEX). Hex price has registered a massive spike over the past 30 days. As per the data, 112 whale transactions moving over $100k worth of HEX have been recorded on February 20, 2023. This has been the second highest transactions recorded in a day since February 9.
HEX price have jumped by over 174% over the past 30 days. It is trading at an average price of $0.0641, at the press time.
Sandbox Spikes By 18%
As per experts, Sandbox (SAND) has been on quite a tear of its own. However, SAND hasn’t been able to beat HEX in this race still it has emerged as one of the top choices of crypto whales. February 20, saw around 80 transactions of whales moving over $100k worth of SAND each.
It is being reported as the third highest whale spike over the past 3 months. However, the whale accumulation has resulted in a major price surge. Sandbox price have jumped by 18% in the last 7 days. SAND is trading at an average price of $0.793, at the press time.
The post Crypto Whales Are Targeting These Tokens, Depicts On-Chain Data appeared first on CoinGape.
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