According to Santiment (crypto market analytics platform), 257 new wallets were created in 24 hours, while whale activity reached its highest level in five weeks.
Ethena recorded a three-month high in new wallet sign-ups, with 257 new wallets created over the past 24 hours, according to Santiment (crypto market analytics platform). The data also showed whale activity at a five-week peak. Rising wallet creation can indicate growing user participation, while increased whale activity often points to larger holders becoming more active in a token’s market.