What Crypto Whales Are Buying During the Early December Market Dip
Crypto whales are actively accumulating Fartcoin, Uniswap (UNI), and Pippin (PIPPIN) during the early December market dip, signaling potential rebounds.Summary
During the early December market dip, crypto whales have shown increased activity across three distinct tokens: Fartcoin (FARTCOIN), Uniswap (UNI), and Pippin (PIPPIN). Whales aggressively bought 32.43 million FARTCOIN, suggesting a belief in a reversal setup indicated by a bullish divergence on the RSI, with a target of $0.42 if resistance at $0.33 breaks.
Uniswap (UNI) saw quiet accumulation by large holders, adding 0.80 million UNI, suggesting selling pressure might be easing based on Wyckoff volume bar analysis. For UNI, protecting support at $5.40 is crucial for a rebound, with momentum returning above $6.80.
Pippin (PIPPIN) is showing the strongest conviction, with whales adding nearly 40.45 million tokens as the token defies the broader market dip and continues to follow Fibonacci extensions. The Smart Money Index also supports this uptrend, suggesting further rallies toward a target near $0.24.
(Source：BeInCrypto)