Whales bought the dip, accumulating FET, LINK, and WLD amid significant price corrections

Whales bought FET, LINK, and WLD amid significant price corrections across the crypto market. Strategic accumulation of these altcoins is occurring

In the face of significant price corrections across the crypto market, whales have been busy accumulating a few altcoins even as the broader altcoin market cap fell from $333 billion on January 19 to $245 billion currently.

With a portion of the broader crypto market now focused on observing how the next move will play out, the notable increase in large addresses holding these tokens suggests major investors see value at current prices. This accumulation pattern across FET, LINK, and WLD could indicate early positioning for potential recovery.

Artificial Superintelligence Alliance (FET)

FET is currently undergoing a significant correction. It is down 40% in the last 30 days, and its market cap is now at $1.58 billion. This marks a steep decline from the more than $5 billion it reached in December 2024, reflecting a sharp loss in momentum not only on FET but also in artificial intelligence cryptos as a whole.

Additionally, FET has dropped over 9% in the last seven days, coinciding with a noticeable increase in accumulation among FET whales.

Despite the ongoing correction, this accumulation suggests that whales may be taking advantage of the lower prices, potentially positioning themselves for a future rebound.

The number of addresses holding between 100,000 and 1,000,000 FET has increased from 394 on February 18 to 403 on February 25, its highest level since January 31.

Whales bought during a period of price decline indicate growing confidence among larger holders, possibly signaling a bottoming-out phase. If this trend continues, it could provide the buying support needed to stabilize FET’s price and eventually trigger a reversal.

However, until broader market sentiment improves, FET is likely to remain under pressure, with accumulation patterns serving as a key indicator of potential bullish momentum.

Chainlink (LINK)

Like other altcoins, Chainlink has faced significant corrections recently, with its value dropping more than 13% over the past week.

This decline has pushed LINK out of the top 10 cryptos by market cap, with its total value falling below $10 billion.

The pressure on Chainlink price has been persistent. It has remained under $24 for nearly a month, indicating a sustained bearish trend in the market.

Despite this downward momentum, potential signs of recovery are emerging. While the number of LINK whales – addresses holding between 100,000 and 1,000,000 LINK – decreased from 577 on February 4 to 566 on February 23, a notable reversal occurred on February 25, when this figure surged to 578 as whales bought LINK.

This sudden increase in whale accumulation could signal renewed confidence among whales.

If this whale accumulation continues, it might provide the upward pressure needed to break Chainlink price above the $24 resistance level that has capped its performance for weeks.

Worldcoin (WLD)

Worldcoin price has experienced a severe market correction over the past month, with its price plummeting more than 41%.

This dramatic decline has significantly impacted its market capitalization, which now stands at $1.17 billion – a substantial drop from its peak of nearly $3 billion in December 2024.

Such a pronounced downtrend reflects considerable selling pressure and potentially waning investor confidence in the Worldcoin project during this period.

Interestingly, despite this sharp price decline, whale behavior suggests a potential shift in market sentiment. While the number of Worldcoin whales remained relatively stable throughout most of the month, fluctuating narrowly between 170 and 166, a notable change occurred on February 16 when large holders began accumulating WLD again.

The number of addresses holding between 1,000,000 and 10,000,000 WLD has now increased to 173 – reaching its highest level since December 29, 2024.

This renewed accumulation by major investors could signal that whales view the current price levels as an attractive entry point, potentially anticipating a recovery.