The post Whales Are Rapidly Accumulating These Two Altcoins appeared first on Coinpedia Fintech News
Analyst Altcoin Buzz took to his latest analysis and brought to attention major whale demand for two altcoins and speculated on a potential 130% surge for Cardano in the coming days. He said that Despite the crypto market’s recent decline, two altcoins are experiencing significant whale activity.
Altcoins Seeing Whale Activity
Lookonchain reported that a whale transferred 1.1 million Pendle tokens ($3.8 million) to Binance for sale, while retaining $3.5 million worth of Pendle. This whale’s activity suggests confidence in Pendle’s long-term value.
Chainlink is another altcoin drawing whale interest. Crypto analyst Ali Martinez said that whales accumulated 6.2 million LINK tokens ($76.8 million) in the past week. Chainlink’s recent price dip appears to have prompted a “buy the dip” strategy among large holders. Santiment’s data indicates LINK’s 30-day MVRV
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