Toncoin(TON) and Quant(QNT) "Whale" trading has surged, indicating that price fluctuation is imminent.

Data from the on-chain analytics company Santiment shows that the trading volume of two alts, Toncoin (TON) and Quant (QNT), has surged recently. This phenomenon indicates that Large Investors holding a significant amount of Tokens are actively trading. According to historical patterns, such a spike in volume often foreshadows potential drastic Fluctuations in future prices, although the specific direction (rise or fall) remains unclear.

Whale volume surges: The common trend of Toncoin and Quant

What is “Whale volume”?: This metric measures the total number of transactions exceeding $100,000 in value. Typically, only well-funded investors, known as “whales,” can execute such large transactions. Therefore, this metric can reflect the activity level of these large investors.

Trading Data Comparison: The data shows that the Whale volume of Toncoin and Quant has both seen a significant surge. Interestingly, despite Toncoin's market cap being much higher than Quant's, the peak Whale volume for TON was only 3, while QNT reached a peak of 24. This indicates that the activity level of Large Investors for Quant is generally higher. However, this peak for Toncoin is still relatively high within its data from the past three months.

Price Impact: Historical Patterns Indicate Fluctuation

Unclear Direction: According to Santiment's analysis, historically, when large transactions exceeding $100,000 peak, it often indicates a change in the price direction of the asset. However, this indicator only counts the number of transactions and does not differentiate between buying or selling.

Uncertainty: Therefore, it is difficult for us to determine whether this surge in whale activity is bullish or bearish for Toncoin and Quant. This only means that both tokens may face some form of severe price fluctuation.

Conclusion

The recent surge in “Whale” trading volume for Toncoin and Quant is a signal worth paying attention to. Although it does not explicitly indicate the future direction of prices, it strongly suggests that the market is about to enter a period of uncertainty and high Fluctuation. For investors, this means they need to closely monitor these Tokens and be prepared for potential dramatic price changes.