What Crypto Whales Are Buying as The Market Pumps
Crypto whales are accumulating Dogecoin, Chainlink, and Uniswap as the market rises, focusing on key technical levels rather than impulsive buying.Summary
Following a steady US inflation data release and subsequent market pump, crypto whales are strategically adding to their holdings of three tokens: Dogecoin (DOGE), Chainlink (LINK), and Uniswap (UNI). Instead of chasing the rally, these large holders are focusing on key technical indicators, suggesting preparation for sustained gains. For Dogecoin, whales are increasing exposure after it reclaimed the 20-day and 50-day EMAs, with a potential target of $0.154. Chainlink is seeing sustained whale inflows as it tests resistance after a correction, with a potential upside to $17.62 if it breaks the $14.10 neckline. Uniswap is experiencing cautious accumulation as it approaches its 20-day EMA, with whales awaiting confirmation of a breakout before further investment. These movements indicate a measured approach to the market pump, prioritizing technical analysis and strategic positioning.
(Source：BeInCrypto)