Santiment Explained: “There Are Bullish Signals in These Four Altcoins While Everyone Focuses on Solana and Cardano”

cryptocurrency According to the latest data published by researchers at analysis firm Santiment, the overall in altcoins An upward trend occurred.

However, analysts say that in addition to the rises in the altcoins in question, Ethereum (ETH), Shiba Inu (SHIB), Fetch.ai (FET) And Dent (DENT) He drew attention to altcoins. According to analysts, these four have all seen large outflows from the wallets of the top 10 cryptocurrency exchanges.

According to Santiment analysts, the outflows for these altcoins from exchange wallets in the last three months constitute a long-term bull signal.

According to the data, there was an outflow of $778.7 million worth of Ethereum from the largest exchange wallets, representing a 4.3% decrease in the total amount.

On the other hand, there was an outflow of 54.6 million dollars for Shiba Inu. Although this is lower than Ethereum, it still looks impressive.

Fetch.Ai, which has a relatively small market capitalization, experienced the largest outflow of 26.1% at $48.2 million.

On the Dent side, there was an outflow of $ 867.5, which means a 1.5% decrease.

*This is not investment advice.

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