Santiment: Whale trading activity is expected to surge significantly in early March
Foresight News reported that Santiment tweeted, "After the Jane Street incident caused a shock to the market earlier this week, attention has now shifted to the White House's internal deadline of March 1, which is related to the high-profile negotiations on the CLARITY Act. This legislation remains crucial for cryptocurrencies as it aims to provide clearer regulatory guidelines, thereby reducing uncertainty for investors, exchanges, and blockchain companies. Over the past month, the amount of transfers exceeding $100,000 on the Bitcoin, Ethereum, USDT, and XRP networks has increased, which usually signals a high probability of a market reversal. Regardless of the market's eventual direction, a significant surge in whale trading activity is expected in early March."
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