According to the crypto analytics firm Santiment, whales accumulate Aave (LEND), Ren (REN) and 0x (ZRX) at full speed.

Santiment uses a metric, known as whales, that examines the amount of tokens held by high-wealth investors. Santiment included the following sentences about the metric:

A few weeks ago, we published an article about the three ERC-20 tokens, showing the biggest accumulation trend by whales known as high-wealth investors. Since then, price movements have changed as follows: LEND + 130%, REN + 120%, ZRX + 10%. Good or bad, the cryptocurrency market still looks like the whale’s playground.

https://twitter.com/santimentfeed/status/1275830840434536448

Slight Rise Expected in Bitcoin

Aave is an open source and unsigned protocol designed to make money markets possible. Ren provides inter-block liquidity for decentralized applications. ZRX is an open protocol designed to facilitate peer-to-peer transactions on the Ethereum blockchain.

Santiment, based on three of its popular metrics, marks a slight rise in short-term outlook on Bitcoin and a completely neutral Ethereum outlook in the near term. According to the market value, while the two top-ranking assets have had a somewhat stagnant month, Santiment says that some altcoins are beginning to depart from the largest cryptocurrencies:

“It is clear that both Bitcoin and Ethereum have been stagnant somewhat throughout June, however, the rest of the altcoins (especially defi projects) appear to have individual values.”

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