MTL, POWR, AERGO, and DIA Top Altcoins Weekly Transactions List

• MTL, POWR, AERGO, and DIA each recorded over $10 million weekly transactions.
• Impact of capital injection is yet to reflect in MTL and POWR prices.
• AERGO and DIA’s prices showed signs of impact from the recent capital injection.

A few mid and low-cap altcoins registered significant upside price movements last week. According to the market intelligence platform with on-chain and social metrics, Santiment, investors should pay close attention to the market whenever such moves happen.

There was unexpected big #altcoin movement to end the week, as sharks and whales shuffled around some mid and low cap assets. $MTL, $POWR, $AERGO, and $DIA were among the largest we have picked up, and any time smaller assets like these see $10M+ moves, they're worth watching. pic.twitter.com/SUjydOanyY

— Santiment (@santimentfeed) May 20, 2023

The altcoin market of the past week experienced some whale activities, with MTL, POWR, AERGO, and DIA among the top movers. Data from Santiment shows that, on average, each of these altcoins registered transactions worth over $10 million. That suggests that altcoin whales may be significantly interested in them.

Metal (MTL) topped the to…

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