Experts consider crypto whales’ movements as a popular indicator of what’s coming next. The events of the whales offloading altcoins to exchange is one such indicator for the investors to sell. Such movements indicate that the large trader’s confidence in that asset is low, and they may potentially sell them. If they did, this could build selling pressure on the tokens and crash their prices.
3 Altcoins to Sell Before They Crash
In an X post, the santiment revealed that crypto whales have moved an ample supply of many tokens, hinting at the upcoming sell-off. Such events create the need for the altcoins to sell before the downtrend begins, and traders end up bearing losses.
According to Santiment, Eurite (EURI), Neiro (NEIRO), and Moca (MOCA) witnessed large transfers to crypto exchanges. Let’s discuss them one by one.
1. Eurite (EURI)
EURI is among the relatively newly launched tokens and had a great start before crashing in late 2024. Interestingly, it made a significant recovery in the last month when the rest of the cryptos crashed. However, the whales moving nearly 2.92% of its total supply is concerning.
If the whales decide to dump the token, it could result in a serious downtrend, making it among the top altcoins to sell.
2. Neiro (NEIRO)
Neiro token’s performance is in turmoil, as its performance is 94% down from its prime, showcasing weak demand among investors. Moreover, as the crypto market crashed, investors’ interest shifted toward more utility-based tokens.
The whales moving 1.21% of its total supply is an indication of the same. Long-term low demand and whale offloading could trigger a further downtrend.
3. Moca Network (MOCA)
After a highly bullish performance at the beginning of the year, the MOCA token is crashing like most of the cryptos. The token is 85% down from its prime and lacks significant bull momentum, especially as downward pressure is high on the market due to today’s Donald Trump tariff announcement. The crypto whales’ 0.88% supply moves increased the possibility of a crash, making it among the top altcoins to sell.
Will These Cryptos Crash Next?
Although whales’ movement often indicates potential selling incidents, this does not necessarily mean the same. More importantly, the effect may not be as severe as a crypto crash as all these altcoins are already following a downtrend, so the investors’ sentiments may not drop hastily.
Besides, the entire crypto market is on the verge of crashing due to investors’ fearful sentiments before Donald Trump’s tariff report. Investors must stay updated with the market and consider risky cryptos to sell.
The post Top 3 Altcoins to Sell as Whale Moves To Exchanges: Is a Crash Incoming? appeared first on CoinGape.
