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Whales have accumulated almost 10% of SUSHI tokens in two months :: RBC.Crypto

According to analytical service Santiment, large holders accelerated the accumulation of altcoin

Large holders of SUSHI tokens accelerated the accumulation of altcoin in two months. According to the analytical service Santiment, “whales”, which hold from 100 thousand to 10 million SUSHI tokens, have accumulated 9.7% of the total altcoin supply since the beginning of November.

On December 28, the SUSHI token is trading at $ 8.6. Over the month, the altcoin has risen in price by 22%, and its capitalization has increased to $ 1.6 billion. In March this year, the cryptocurrency updated its all-time high above $ 23.3. Over the next seven months, the value of the altcoin dropped by 63%.

SUSHI is the internal token of the SushiSwap decentralized trading platform, which is implemented on the Ethereum blockchain. Users can make a deposit to trading funds and receive a percentage of it in SUSHI tokens.

December 27 analysts Santiment named the three most popular altcoins among “whales”. Large cryptocurrency holders are actively accumulating Crypto.Com Coin (CRO), UMA and Uniswap (UNI) tokens.

– When Bitcoin reaches $ 100 thousand. Analyst’s opinion

– The analyst named an altcoin that can rise in price by almost three times

– In December, LUNA tokens with a total value of $ 2.7 billion were destroyed

You can find more news about cryptocurrencies in our telegram channel RBC-Crypto.

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