Despite Bitcoin Crash, These 3 Altcoins Are Making Waves Among Whales, According to Crypto Expert

It is possible for Bitcoin to fall much further before breaking the support levels that indicate the end of the bull run. This is in the range of $ 79-80 thousand.

Bitcoin may fall further before reaching support levels that will mark the end of the bull run, which is in the range of $79-80k. But as the saying goes, you should buy when there is blood in the streets. According to crypto expert Camille Lemmens, this is the moment when future millionaires are created. That’s why the expert is following smart money today. In this context, she points to LINK Coin and two altcoins.

The first ranked altcoin: Chainlink (LINK Coin)

The market is crashing hard. Bitcoin is down 10%. It’s best not to look at your portfolio right now. Despite this, smart money, like whales, is on a shopping spree for altcoins. One new outlet making waves is Trump’s World Liberty Financial, or WLFI, which is his DeFi protocol. This protocol has bought 6 altcoins since 30 November. One of them is Chainlink (LINK Coin). WLFI bought 2 million LINK Coins at an average price of $25.21.

This caused several whales to dive into LINK as well. Most of the market is down, so many strong coins are also falling. This includes LINK Coin. However, take a look at what this whale is doing. He sold 120,814 LINK for 3.019 million USDT. He just bought back 134,433 LINK coins. And this isn’t his only LINK trade. This was his third trade. So, he made 71.4% profit on his first two trades. That works out to $3.29 million. Not bad for a day at the office.

Another whale recently withdrew 594,998 LINK Coins worth $17.31 million from Binance. However, the current LINK is down 7.6% for the day. The LINK price at the time of writing is $22.94. This means a 21.5% drop in the last 7 days. Still, as you can see, the whales are confident.

Ethena (ENA) is in second place

The next altcoin to attract the attention of whales today is Ethena (ENA). This happened despite Bitcoin falling below the $100k threshold. Let’s go back to Ethena and WLFI. We mentioned earlier that WLFI bought 6 altcoins. WLFI bought ENA as well as LINK. WLFI has already bought $47.5 million worth of crypto assets. This includes $750 thousand worth of ENA, which was purchased at $1,011.

On 18 December, WLFI and Ethena Labs announced a partnership. This integrates Ethena’s sUSDe token with World Liberty’s platform. To clarify, Aave supports the WLFI platform. This is a DeFi giant in co-operation with WLFI. Ethena is a synthetic dollar protocol on Ethereum. In the past 3 days, we saw a newly created wallet withdraw 13.65 million ENA. This was worth $13.42 million. Whales also bought over 36.55 million ENA. However, the current ENA price has dropped 23%.

The last altcoin in last place: Cardano (ADA)

Cardano (ADA) is the last stop for the whales. Keep an eye out for my new video on Cardano, how many ADA it takes to become a millionaire. It goes live tomorrow. Whales are very active in buying Cardano, more precisely the ADA token. On 17 December, whale activity amounting to 1 million USD took place. This was done in 687 transactions, an average of $1,455 per transaction.

Other whales are repeating what I showed you with the LINK whale. The ADA whales made profits while going up. They exited between $1.15 and $1.33. But the current ADA price is 84 cents and they are buying again. On 18 December, when ADA fell to 91 cents, they bought 160 million ADA. So, it’s not all doom and gloom. Here’s something else to cheer you up. Hong Kong has approved four more Bitcoin and crypto exchanges. The Chinese are coming and this should be a big boost.

The opinions and forecasts in the article are those of the expert and are not investment advice. As Kriptokoin.com, we strongly recommend that you do your own research before investing.