Which altcoins are crypto whales buying?

The market crashed after Donald Trump announced a 100% tariff on Chinese imports, leading to the liquidation of nearly $19 billion worth of cryptocurrencies in a single day. While traders panicked, major investors began buying up the assets.

On-chain data shows that large investors have increased their holdings in three altcoins, suggesting that the decline was driven by sentiment rather than structural changes.

Chainlink (LINK)

Donald Trump's 100% tariffs on Chinese imports triggered one of the sharpest market declines in recent months. While most altcoins succumbed to the pressure, Chainlink (LINK) attracted the attention of large holders, who began buying it up aggressively—data confirms this.

According to Nansen, whale wallets holding more than 100,000 LINK increased their holdings by 22.45%, bringing their total holdings to 4.16 million LINK. This means whales added approximately 760,000 LINK, which is equivalent to approximately $13.7 million at the current LINK price.

The top 100 addresses also increased their balance by 0.14%, bringing their total holdings to 646.48 million LINK—a net increase of approximately 900,000 LINK, or $16.3 million.

The accumulation wasn't random. Nansen data shows that smart money wallets rose by 1.51%, anticipating a rebound, while public figures' wallets increased by 1.97%. Meanwhile, exchange balances rose by 5.85%, suggesting likely selling by retail traders.

This move is consistent with Chainlink's strong fundamentals. During the selloff, Chainlink oracles provided real-time price data, allowing Aave to process over $180 million in liquidations without downtime.

The network's reliability under stress has likely bolstered major investors' confidence in LINK's role in DeFi.

Technically, LINK is trading within a symmetrical consolidation channel, indicating a narrowing of price momentum ahead of a possible breakout.

A bullish RSI divergence has formed on the two-day chart, with prices making a lower low near $7.90, but the RSI has made a higher low, suggesting a possible reversal or at least a bounce.

At the time of writing, LINK is trading around $17.70, just below resistance at $18.40. A breakout above $21.30 could lead to a rally to $24.90. A two-day candlestick close above $27.90 would push LINK to $35.50.

However, if the two-day candle closes below $16.40, the bears could gain the upper hand.

Uniswap (UNI)

While the market was digesting the shock of tariffs, Uniswap (UNI) attracted the attention of whales. Large UNI holders increased their balances from 690.10 million to 690.76 million, adding approximately 0.66 million UNI, equivalent to approximately $4 million at the current price.

This occurred as Uniswap processed nearly $9 billion in daily trading volume—a record in recent months. The platform handled this without any downtime or network load, demonstrating DeFi's stability even in highly volatile environments.

The price chart confirms the crypto whales' confidence. UNI is trading within an ascending triangle, a bullish structure with higher lows and flat upper resistance.

If UNI breaks $6.70, it will open the door to $8.00 and $9.60. Currently, the price structure and the actions of major players point to continued growth despite the overall correction. This scenario will change if the two-day candle closes below $5.80.

Dogecoin (DOGE)

Among memecoins, Dogecoin (DOGE) has stood out amid the tariff-induced collapse. Even after falling nearly 23% over the past 24 hours, DOGE has become the target of active accumulation by major market players. This demonstrates confidence amid the panic.

According to on-chain data, wallets holding over 1 billion DOGE increased their balances from 71.22 billion to 72.04 billion, adding approximately 0.82 billion DOGE during the sell-off. At the current DOGE price, this represents approximately $156 million in new holdings by major crypto investors.

Dogecoin is trading around $0.19, having rebounded from the 0.5 Fibonacci level around $0.20. A rise above $0.20 would open the door to $0.22, the key 0.618 Fibonacci level. The next targets would then be $0.26 and $0.30. However, a close below $0.17 would make any recovery uncertain.

The Chaikin Money Flow (CMF) indicator, which measures the inflow and outflow of funds from large wallets, remained above zero even during the market decline. This suggests that buying pressure remained strong despite the market correction.

The Bull Bear Power (BBP) indicator, which tracks the balance of power between buyers and sellers, is showing a decrease in bearish bars. This indicates weakening selling, which coincides with a recovery in the CMF.

Источник: cryptocurrency.tech