The post Crypto Whales Offloading These 3 Altcoins Massively, Here Are They! appeared first on Coinpedia Fintech News
Crypto whales play a big role in shaping market trends, and their movements often hint at what’s coming next. When these major players start selling or reducing their holdings, it often hints at changing market trends. Lately, whales have been offloading Uniswap (UNI), Chainlink (LINK), and Ondo Finance (ONDO), raising concerns about possible price drops.
Uniswap (UNI): Whale Losing Interest
Uniswap, one of the top decentralized exchanges, is seeing a decline in interest from large investors. Wallets holding between 10,000 and 100,000 UNI have dropped, showing a lack of confidence among key players.
This trend began before Trump’s Liberation Day tariffs and has continued, with the number of these wallets falling from 825 to 821 in just one day.
Currently, UNI is in a downtrend, and if this continues, it could slide toward $5.50. However, if buying pressure returns, the token might bounce back to $5.97 and even aim for $6.23.
Chainlink (LINK): Whales Show Uncertainty
Chainlink, a major player in blockchain oracles, is also seeing fluctuations in whale activity. Before Trump’s Liberation Day, whales were accumulating LINK, increasing their holdings from 2,852 to 2,860.
However, post-event, the number of wallets holding 10,000 to 100,000 LINK slightly declined to 2,855. While this change is small, it could mean that some large investors are taking profits or becoming cautious.
Looking at the Chainlink (LINK) price, it is trading around $12.87. Experts believe it is trying to establish strong support at $12. If it fails to hold this level, the price could drop further to around $10.
On the other hand, if LINK breaks above resistance, it could climb to $13 and even reach $15.
ONDO Finance (ONDO): Investor Confidence Drops
Ondo Finance, a rising project in decentralized finance, saw strong interest from large investors between March 26 and March 29. During this time, the number of whale wallets increased from 376 to 390. However, after reaching its peak, the number dropped slightly from 374 to 371 following Trump’s Liberation Day. This suggests that some big investors might be stepping back to rethink their positions.
As of now, the ONDO price is trading at around $0.80, reflecting a drop of 2.5% in the last 24 hours. If buyers push the price higher, it could break past $0.82 and potentially reach $0.90 or even $0.95.
But if the selling pressure continues, the key support levels to watch are $0.76 and $0.73.