According to the data, “whale movements with more than one million dollars in volume” on Litecoin (LTC) and Binance Coin (BNB) have reached their highest level in recent times.
On-chain analytics platform centiment According to the data presented by the company, there has been a notable increase in whale transactions on Litecoin and Binance Coin recently. The data pointing to whale movements of 1 million dollars and above means a very serious activity compared to the past months. Analysts interpreting the data suggested that this interest of whales may be for collecting at a low price, and this may be a preparatory signal for a forward rise. Analysts made the following statements in their statements on the subject:
Litecoin whale transactions were much higher than normal in the second half of December. In addition, Binance’s native tokens BNB and BUSD have both witnessed serious whale transactions. Keep these assets on your radar.
However, Santiment, pointing out the news flow as the most important guide of price movements in 2022, especially Ukraine-Russia The effect of the news that started with the war between FTX It showed that he continued seriously until his bankruptcy. Analysts, who stated that an uptrend in the crypto markets may begin with the reversal of the wind in the news feed, made the following statements:
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 over these four issues subside.
