Large crypto holders have been on the move this week, with fresh figures revealing a surge in big-ticket altcoin transactions across multiple networks.
The data shows that a number of projects are witnessing unusually sharp growth in trades exceeding $100,000, even in cases where prices have dipped.
Mantle (MNT) emerged as the most notable mover, recording a massive 935.9% jump in whale transactions compared to the previous week.
Not far behind, Wrapped Bitcoin (WBTC) on the Optimism network soared 502.33%, followed by KuCoin Token (KCS) with a 350% increase.
Other tokens attracting heavy whale attention include Ethereum Name Service (ENS) with a 315.31% rise, WETH on Polygon climbing 281.19%, and Pendle showing strong gains on both Ethereum (+214%) and Arbitrum (+192.11%).
StakeWise Staked ETH (osETH), Tether on Avalanche, and Usual USD (USD0) also made the top ten, each recording triple-digit growth in large transactions.
Interestingly, the spike in whale movements isn’t strictly tied to price gains. ENS, for example, saw its value slip by over 5% in the past day, yet whale trades still surged — a pattern often linked to accumulation by long-term investors preparing for a potential rebound.
With major players shifting significant amounts of capital across various chains, analysts warn that the coming weeks could bring heightened volatility for these assets.
