Lido DAO, Illuvium, and Holo Record Significant Whale Transactions

• Santiment spotted a $14 million whale transaction on the Illuvium network earlier today.
• The analytics platform also picked up whale activities on Lido DAO and Holo.
• The development is a hint that a major outlier could be in the works for digital asset traders.

Santiment, the market intelligence platform with on-chain and social metrics has picked up a $14 million whale transaction on the Illuvium network earlier today. In a tweet, the analysis platform noted that the transaction occurred at the peak of the Illuvium exchange supply top.

There was a $14 million transaction picked up on the #Illuvium network today, which has occurred right at the peak of its exchange supply top. Our latest insight looks at big whale moves from $ILV, $LDO, and $HOT as #crypto markets fight to stay afloat. https://t.co/SdGAttXdrm pic.twitter.com/LYbmrLc0pu

— Santiment (@santimentfeed) May 25, 2023

Santiment’s analysis explained that, apart from Illuvium, Lido DAO, and Holo also experienced significant whale actions. All actions involved high-volume transactions executed on their networks. Santiment described the move as a hint that a major outlier could be in the works for…

The post Lido DAO, Illuvium, and Holo Record Significant Whale Transactions appeared first on Coin Edition.