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Cryptocurrency News Articles
Crypto Whales Dump Uniswap (UNI), Chainlink (LINK), and Ondoto (ONDO) — What's Next for These Projects?
Apr 05, 2025 at 04:36 pm
input: Crypto whales play a big role in shaping market trends, and their movements often hint at what’s coming next. When they start selling or reducing their holdings, it usually points to a possible shift in trends. Recently, these major players have been pulling back from Uniswap (UNI), Chainlink (LINK), and Ondo Finance (ONDO), raising concerns about potential price drops.
Crypto whale activity provides valuable insights into market trends. When these major players start selling or reducing their holdings, it usually signals a possible shift in trends. Recently, we've seen some large investors pulling back from Uniswap (UNI), Chainlink (LINK), and Ondo Finance (ONDO), raising concerns about potential price drops.
Is it just profit-taking, or do the whales know something we don’t? Let’s take a closer look at what’s really going on beneath the surface.
Uniswap: Whale Activity Drops—What’s Next for UNI?
Uniswap, one of the top decentralized exchanges, is seeing less interest from large investors. Wallets holding between 10,000 and 100,000 UNI have decreased, suggesting that some major players are losing confidence.
This trend started even before President Trump’s Liberation Day tariffs and has continued. In just one day, the number of these wallets fell from 825 to 821—a small drop, but one that could point to a shift in sentiment.
UNI is currently in a downtrend. If this continues, the price could fall toward $5.50. But if buying pressure picks up, UNI could bounce back to $5.97 and possibly reach $6.23.
Chainlink: Whales Turn Cautious
Chainlink (LINK), a key project in the blockchain oracle space, is also seeing changes in whale behavior. Before Liberation Day, whales were steadily buying, with wallet numbers rising from 2,852 to 2,860.
After the event, though, the number of wallets holding 10,000 to 100,000 LINK dipped slightly to 2,855. While this drop is small, it could mean some big investors are taking profits or becoming more cautious.
LINK is trading around $12.87, and analysts say it’s trying to hold support at $12. If it fails to stay above that level, the price might drop to around $10. On the upside, a break above resistance could push LINK to $13—and even $15.
Ondo Finance: Whale Interest Cools Off
Ondo Finance, an emerging project in decentralized finance, saw a strong increase in whale activity from March 26 to March 29. During that time, wallets holding large amounts rose from 376 to 390, showing rising interest from big investors.
But after hitting that peak, the number of whale wallets slipped slightly—from 374 to 371—following Trump’s Liberation Day. This suggests some large holders may be stepping back to reassess their positions.
Currently, ONDO is trading around $0.80, down 2.5% in the last 24 hours. If buyers return, the price could break above $0.82 and potentially reach $0.90 or even $0.95. If selling pressure continues, key support levels to watch are $0.76 and $0.73.
Whale moves don’t always scream panic—but when they start shifting in sync, it’s worth paying attention.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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