<ul data-eligibleForWebStory="true"><li>Whale transactions on top gaining projects surged over 400% in the past 30 days, as per Santiment data.</li><li>Top 5 altcoins with highest increases in $100K+ whale transactions include Render (RNDR), SPX6900 (SPX), Sky (SKY), BitDAO (BIT), and UNUS SED LEO (LEO).</li><li>Notable gainers also include stablecoins Dai (DAI) and USDC on Optimism, along with Optimism (OP) and Aave (AAVE) showcasing interest in Layer-2 and DeFi platforms.</li><li>The spike in whale activity coincides with market ranging conditions, suggesting strategic accumulation by large holders.</li><li>Historically, sharp rises in whale transactions may indicate position accumulation before significant price movements or reallocation during low volatility periods.</li><li>Traders are advised to monitor tokens like Render and SPX6900 for potential breakout momentum once broader market trends become clear.</li></ul>

Whale Transactions Spike Over 400% on Top Gainers, According to Santiment

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