The crypto market gives signals of recovery, while the risk bells are ringing for some Altcoin projects. According to the latest data, 6 Altcoin is moving to the stock market by large investors. This may increase sales pressure and cause prices to decrease. So, what should investors do? Here are the details…

Which subcoins sell whales?

According to centimeter data, WLD, Move, MKR, STETH, OM and RSR tokens are transferred to the stock markets in a large amount. Historically, large sales of whales trigger price decreases.

0.21 %of the Worldcoin (WLD) supply and 0.20 %of the Staked Ethereum (Steth) supply were sent to Bybit. At the same time, a significant portion of the supply of Mantra (OM) and Reserve Rights (RSR) was transferred to Binance. Maker (MKR) and Movement (Move) were directed to Coinbase and Kucoin. These movements can increase sales pressure on the market.

What is the latest situation in Altcoin projects?

WLD increased by 2 %to $ 1.78. The OM is traded for 4.76 dollars with 4 %earnings. Steth and RSR prices rise slightly, while Move and MKR depreciated.

Move price decreased by 1.5 %and decreased to $ 0.8109, while MKR decreased to 1 %with 1 %loss. Investors closely monitor the price movements of these tokens. Large transfers to the stock exchanges show that investor confidence may be reduced.

Recover signals in the Altcoin and Bitcoin market

The fact that the US Federal Reserve (FED) kept interest rates fixed, provided a short -term recovery in the market. Bitcoin approached $ 105,000, while the Altcoins rise. However, long -term expectations are unclear. If the sales of whales persist, these 6 subcoin may have more harsh decreases.

At the same time, Donald Trump’s World Liberty team bought 2.4 million Moveneng. This move can create a new mobility for Move. Market players should carefully monitor the critical support levels of subcoins. If big sales persist, prices can be further down!