What Crypto Whales Are Buying and Selling Ahead Of The April US CPI Print
BeInCrypto
Crypto whales are adjusting their positions in Ethereum, Uniswap, and Chainlink in anticipation of the upcoming April US Consumer Price Index data release.Summary
Ahead of the April US Consumer Price Index (CPI) report, crypto whales are showing distinct accumulation and selling patterns. Ethereum (ETH) and Chainlink (LINK) have seen significant whale accumulation, with large holders betting on a potential relief rally should core inflation prove to be softer than expected. Conversely, Uniswap (UNI) has experienced consistent selling pressure as holders de-risk from the DeFi sector. Analysts note that these movements reflect broader market uncertainty regarding energy costs and macro-economic factors, with technical chart patterns providing potential price targets for all three assets depending on the volatility following the CPI announcement.
(Source：BeInCrypto)