News View Non-AMP

Crypto Whales Are Dumping Altcoins! Top 6 Risky Tokens Revealed

Published by
Mustafa Mulla

After a recent market crash triggered by the Chinese AI model Deepseek, the cryptocurrency market is slowly finding its footing. Bitcoin has climbed back to $105K, and the overall market is up by 2%. But just as things are returning to normal, a warning has emerged.

A leading on-chain market intelligence platform has flagged six altcoins that could soon face a sharp price drop. Why? Because whales are preparing to offload these tokens.

If you own any of these tokens, now is the time to pay attention!

Whale Activity Points to Potential Price Drops

Data from Santiment shows that, in the last 24 hours, six major altcoins with market caps between $800 million and over $5 billion have seen large transfers to various crypto exchanges. This could indicate that investors are getting ready to sell, trade, or adjust their positions.

Here’s a breakdown of the most notable moves;

  • Worldcoin (WLD): 0.21% of its total supply was sent to Bybit.
  • Staked Ethereum (stETH): 0.20% of its supply was transferred to Bybit.
  • Mantra (OM): 0.20% of its supply moved to Binance.
  • Reserve Rights (RSR): 0.14% of its supply was sent to Binance.
  • Maker (MKR): 0.12% of its supply was transferred to Coinbase.
  • Movement (MOVE): 0.08% of its supply moved to KuCoin.

Increased deposits to exchanges often suggest that investors are preparing to sell. This could lead to price drops as the market gets flooded with more supply.

Beating the Downtrend

Despite the recent market downturn, some of these altcoins have managed to buck the trend, posting gains of 10% to 30% over the past week. Leading the pack is Mantra (OM), which has surged by an impressive 32% in just seven days, with a market cap of $5 billion. 

However, this sharp rise has sparked concerns that large holders of these tokens might start offloading their holdings to lock in profits.

While these transfers don’t guarantee immediate price changes, they do highlight the ongoing activity in the crypto market, even during quieter periods.

With whales making their moves, the next few days could offer a clearer picture of where the market is headed.

FAQs

Which altcoin is best to buy now?

The best altcoin to buy depends on market trends, but investors should consider strong performers like Mantra (OM), which recently surged by 32%.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Breaking: Pi Network Partners With Banxa and Onramper – Yet Pi Coin didn’t Surge!

Big announcement coming from the Pi Network. On the occasion of Pi2day, Pi Network has…

June 29, 2025

Will XRP Price Hit $10

The Ripple vs SEC is finally on the cusp of wrapping up, with a recent…

June 29, 2025

Senate Passed Trump’s “Big, Beautiful Bill” With 51-49 Vote

The U.S. Senate just gave the green light to President Trump’s widely discussed tax and…

June 29, 2025

Is XRP About to Lead the Next Altcoin Season?

It’s starting to feel like something big is coming for XRP. After months of sideways…

June 29, 2025

Bitcoin, ETH, & XRP Price Prediction for Next Week (30th June 2025 – 05th July 2025)

The broader crypto market is holding steady going into the final days of June, with…

June 29, 2025

Pi Network News: 337M Pi Token Unlock in July – Major Sell-Off Coming

Pi Network, once seen as a quiet underdog, is now facing one of its biggest…

June 29, 2025