Whales Transfer $50 Million in Altcoins to Exchanges in 24 Hours

Cryptocurrency analytics platform Santiment has detected large transfers of altcoins to centralized exchanges (CEX) in the last 24 hours. Some whale wallets have made transfers worth millions of dollars. The most transferred altcoins to exchanges and their transfer details include PayPal USD (PYUSD) with a transfer worth $7.9 million, OCD with transfers worth $4.7 million and $3.3 million, Pepe with a transfer worth $2.9 million, Gravity Token with a transfer worth $2 million, OCD with a transfer worth $1.9 million, First Digital USD (FDUSD) with a transfer worth $1.2 million, Apecoin (APE) with a transfer worth $1 million, Mantle (MNT) with a transfer worth $1 million, and OCD with transfers worth $1.4 million and $1 million.

The PYUSD transfer has a significant size with a 0.92% market cap. The OKB token attracted attention with five separate transactions totaling $13.4 million. Gravity Token was the transfer that had the biggest impact with a 1.81% market cap. On the other hand, $2.9 million Pepe (PEPE) and $1.2 million First Digital USD (FDUSD) transfers were among the other notable transactions on the list.

Cryptocurrency analytics platform Santiment has detected significant transfers of altcoins to centralized exchanges (CEX) within the last 24 hours. This activity involves seven different altcoins, indicating a notable shift in the market dynamics. Large holders, commonly referred to as whales, have been moving substantial amounts of tokens to exchanges, which could signal potential sell-offs or strategic repositioning.

One of the altcoins affected by this trend is Cardano (ADA). Large Cardano investors have been reducing their holdings, transferring 170 million ADA over the past two weeks. This movement suggests a potential reduction in confidence or a strategic exit by these major stakeholders. Similarly, the meme coin Bonk has seen a surge in interest from whales, with a 4% increase in its value and an 8% rise in open interest. This activity could indicate a bullish sentiment among large investors, potentially leading to further price appreciation.

Bitcoin (BTC) has also seen significant whale activity. A Bitcoin whale that had held 1,200 BTC for 14 years transferred the entire amount to a centralized exchange. This move, along with the transfer of 20,000 BTC worth over $2 billion by two dormant wallets, has sparked considerable market discussion. These transfers could be part of a long-term accumulation strategy or a preparation for a significant market move.

Ethereum (ETH) has also experienced notable whale activity. An Ethereum whale withdrew approximately $17.5 million in ETH from Binance over a three-week period, indicating a long-term accumulation strategy. Additionally, large Ethereum investors have boosted their collective holdings to nearly 27 million coins, signaling strong confidence in the asset’s future trajectory. This accumulation, paired with rising ETF inflows and decreasing exchange balances, suggests reduced sell pressure and growing demand, which could pave the way for ETH’s next potential rally.

The HYPE token has been trading inside a rising wedge since late June 2025, a formation often seen before breakdowns. However, recent whale activity suggests a different outcome. Large investors have been quietly accumulating HYPE, which could indicate a bullish sentiment despite the technical indicators.

The PEPE coin has also seen significant whale activity, with large investors accumulating the token. This activity can profoundly impact a token's price due to the sheer volume of assets they control. When whales accumulate, it often leads to reduced selling pressure and increased demand, which could drive the price higher.

In summary, the recent transfers of massive amounts of tokens to exchanges by whales in seven different altcoins indicate a significant shift in market dynamics. While some of these movements suggest potential sell-offs or strategic exits, others point to long-term accumulation strategies and bullish sentiment. The impact of these transfers on the market remains to be seen, but they highlight the influential role that whales play in the cryptocurrency ecosystem.