What Crypto Whales Are Buying Ahead of the December FOMC Meeting
Crypto whales are accumulating Aster (ASTER), Pippin (PIPPIN), and Chainlink (LINK) ahead of the December FOMC meeting, anticipating potential liquidity boosts.Summary
As the market cautiously awaits the December 9-10 FOMC meeting, where a 25 basis point rate cut is priced in, crypto whales are positioning themselves by accumulating specific tokens. Aster (ASTER) has seen whales increase holdings by 11.61% despite a recent price dip, supported by a hidden bullish divergence on its chart suggesting trend continuation.
Pippin (PIPPIN) is also seeing significant whale accumulation, with holdings up 18.2% over the past week, suggesting confidence in a potential breakout from its current bull flag consolidation pattern.
Finally, Chainlink (LINK) whales increased their stake by 28.93% in seven days. This accumulation aligns with a hidden bullish divergence on the 12-hour chart, indicating weakening selling pressure and setting up for a potential rally if market liquidity improves post-FOMC.
(Source：BeInCrypto)