KCS topped the charts with a staggering 1,000% jump in transfers exceeding $100,000—a level typically associated with institutional wallets or deep-pocketed traders.
Though the token’s price saw only modest gains, the surge in activity may hint at positioning ahead of a broader move. Over the past week, KCS has recovered slightly, trimming its monthly decline to just under 4%.
Stablecoins are also making noise. USDC on Avalanche saw a 587% increase in whale transfers, followed closely by Ethena Labs’ staked sENA, which recorded a 568% rise. Both tokens showed minor daily price improvements, with sENA still riding momentum from a strong two-week rally.
Stable assets like USDC and USDT frequently show up during periods of portfolio rebalancing or market shifts, often serving as signals that whales are preparing for major moves. Other notable mentions in this week’s top 10 include Wrapped Bitcoin (WBTC) on Optimism, UNI on Ethereum, and Worldcoin’s WLD, along with CRV and FLOKI.
While large transfers alone don’t guarantee price swings, they often precede heightened volatility—making them a metric worth watching for traders seeking entry or exit opportunities.
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