Global #crypto whales

Santiment, a market intelligence platform that provides on-chain and social metrics, has identified a growing bullish sentiment among most major cryptocurrencies. Bitcoin and Ethereum are showing signs of approaching their all-time highs (ATH), and large-volume investors, known as whales, are exhibiting market behaviors that align with this positive outlook.

The cryptocurrency market is undergoing a notable transformation in terms of mainstream acceptance. With the onset of the Bitcoin halving and the excitement surrounding BTC exchange-traded funds (ETFs), there's a surge in user participation in the sector.

During the current market downturn, significant crypto whales have seized the opportunity to accumulate substantial amounts of the memecoin Pepe (PEPE), with transactions amounting to approximately $5.56 million.

Massive cryptocurrency speculators, also referred to as "crypto whales," have been buying and selling millions of dollars' worth of Ethereum (ETH), Uniswap (UNI), and Space ID (ID) on prominent exchanges.