3 Altcoins Crypto Whales Are Buying After Cooler US CPI Print
Following cooler-than-expected US CPI data, crypto whales are accumulating Pepe (PEPE), PancakeSwap (CAKE), and World Liberty Financial (WLFI).Summary
Crypto whales have increased their accumulation of three specific altcoins following the release of cooler-than-expected US September CPI data (3.0% vs. 3.1% forecast), which has boosted expectations for a dovish Federal Reserve stance and renewed confidence in risk assets.
The first token is Pepe (PEPE), with whales increasing holdings by about 0.38 trillion tokens worth $2.7 million. Technically, PEPE is consolidating in a symmetrical triangle, and a break above $0.0000072 could signal a 12% rally.
Second, PancakeSwap (CAKE) saw whales add over 10.18 million tokens, valued around $27.3 million. This accumulation is supported by a hidden bullish divergence on the RSI, suggesting the uptrend may continue if CAKE breaks resistance at $2.72.
Finally, World Liberty Financial (WLFI), a politically charged token, saw an 18.78% increase in whale holdings, totaling $1.57 million added in 24 hours. This buying is linked to the CPI print and anticipation of a Trump-Xi Jinping meeting, with early technical signs of recovery showing a bullish divergence on the RSI.
(Source：BeInCrypto)