Santiment, the on-chain analytics platform, Litecoin and Binance Coin. According to the data, in addition to the leading altcoin LTC and BNB, BUSD has also become the focus of attention of whales.
“Litecoin whale transactions were much higher than normal in the second half of December. In addition, Binance’s native tokens BNB and BUSD both increased in more than $1 million in transactions. Keep these assets on your radar.”
Binance Coin (BNB) was trading around $244 at the time of writing. Litecoin was trading around $66.97.
As we have reported as Koinfinans.com, Santiment is based on the news shared in 2022. altcoin He also underlined that it affects prices.
Crypto prices are likely to recover once the fear, uncertainty, and suspicion (FUD) revolving around the COVID-19 pandemic, the Federal Reserve’s hike in interest rates, the Russia-Ukraine war, and the multibillion-dollar collapse of the FTX stock market begins to subside.
“2022 has been arguably the most prominent year in which the crypto markets have been impacted by news events. As the year draws to a close, investors are watching news of COVID-19, FTX and Sam Bankman-Fried, interest rates and the Russia-Ukraine War. Prices are likely to rise as concerns on these four issues subside.”
