Santiment: A large number of Whale transactions have been found on multiple alts, and price may experience Fluctuation.

According to the Gate News bot, Coindoo reports that due to the escalating tensions between the United States, Iran, and Israel, the Crypto Assets market is rebounding after a significant fall. However, according to on-chain analytics company Santiment, several alts may be on the verge of a new round of Fluctuation.

Despite a relief rebound, Santiment warns that price fluctuations could occur due to a large number of whale transactions discovered across multiple alts. The company reported that over $1 million in funds have been transferred to centralized exchanges for the following tokens in the past day:

· PAX Gold (PAXG)

· Space ID (ID)

· Gala (GALA)

· Aethir ( ATH )

· Pendle (PENDLE)

Santiment warns: "Be prepared for fluctuations, especially when a large supply of tokens is transferred to CEX."

Such trends are often interpreted as preparations for potential sell-offs, as whales may be getting ready to exit or rebalance their positions. Historically, these patterns often precede short-term price fluctuations.

Key altcoin short-term risks

Santiment's alerts highlight the importance of tracking large wallet movements, especially during periods of geopolitical and macroeconomic uncertainty. Traders are advised to closely monitor PAXG, ID, GALA, ATH, and PENDLE, as increased inflows to exchanges may indicate impending selling pressure.

Although Bitcoin and Ethereum show signs of stability, certain altcoins may still face fluctuations as on-chain data suggests that large holders will further reposition.