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3 Altcoins Crypto Whales Are Quietly Selling After Trump’s Liberation Day Tariffs
The cryptocurrency market is in a state of uncertainty after the announcement by former President Trump of global trade wars that would have a major impact, which he termed “Liberation Day.” While the market overall has not experienced the full extent of a panic, a few of the biggest players, known as crypto whales, have been quietly shifting their position.
Altcoins, such as Uniswap (UNI), Chainlink (LINK), as well as Ondo Finance (ONDO), have been able to show subtle but consistent indications of whale activity changing, especially among accounts that hold between 10,000 to 100,000 tokens. The mid-tier whales typically act as early signals of more significant shifting sentiments. Their behaviour suggests that a wave of cautiousness could be developing.
We’ll look into what’s happening for each altcoin and how these changes are important.
Uniswap (UNI): Confidence Wavers as Downtrend Deepens
Whale wallets that hold 10 to 100 million UNI have been in a declining trend for a few days. The trend is evident even before Trump’s Liberation Day announcement. Between April 2 and March 3, the number of whale accounts decreased from 825 to 821.
At first, it could appear to be a small issue. However, in the crypto world, small shifts in the position of whales frequently signal bigger changes. The consistent decline implies that more large holders are preparing to enter UNI cautiously.
Presently, UNI remains in a downward trend and is testing important technical levels. If this bearish pattern is sustained, the price could fall to $5.50–or further lower. However, an upward move could push the price back up to retest the resistance of $5.97. If bulls can break out, then the next important level could be $6.23.
At present, however, the general sentiment remains shaky, and the whale sell-offs bolster the negative tones.
Chainlink (LINK): From Accumulation to Caution
Chainlink revealed a distinct design. Before the tariff news, whales were actively accumulating–between March 29 and April 1, the number of wallets holding 10,000 to 100,000 LINK rose from 2,852 to 2,860.
But, since the announcement by Trump, that figure is down to 2,855. Even though the decrease isn’t that dramatic however, the timing of it is noteworthy and indicates that the current growth could be transforming into the pursuit of profit or defensive shifting.
The technical aspect is that LINK is in a trough. The cryptocurrency is in the process of negotiating the support of $12; should it break lower, it might slide to $11.85–a rate that has not been seen since the beginning of November in 2024.
If buyers enter the market and change the direction, LINK would first need to recover $13 as the resistance level. If it is successful, a breakout may see it advancing towards $13.45 which would signal a new market bullish period.
Ondo Finance (ONDO): Optimism Fades, But Key Support Holds
ONDO was a follow-up like LINK and LINK, with a distinct stage of whale accumulation that ran from March 26 through the 29th of March. In that period when whale wallets rose between 376 and 390. This short-term optimism waned following Liberation Day, with whale wallets falling to 371.
The drop indicates that major players are making gains and locking them in or absconding till the overall picture is clearer.
From a pricing perspective, ONDO is in an important position. If the market recovers the bullish momentum it had previously, ONDO could make a move for resistance as low as $0.82. If it breaks that level, it can open the way for $0.90 or $0.95 for the near term.
If the trend continues to slow and the risk of a downside decline becomes more apparent. To be on the lookout for support levels include $0.76 and $0.73–and any drop below these levels may signal a more extensive break.
Final Thoughts: Watching the Whales
Even though the market isn’t in the full-on risk-off phase yet, these slight shifts in the whale’s behavior are worthy of watching. The whales of crypto often react to macro indicators before the retail market gets it, and the resemblance across UNI, LINK, and ONDO indicates a prudent outlook for the near term.
Whether this is an interim repositioning or the beginning of a more significant shift in sentiment is likely to depend on how the markets around the world react to Trump’s tariffs and issues with inflation, and the shifting regulatory landscape regarding digital assets.
If you’re currently in the process of trading or holding these cryptocurrencies, it may be a good idea to focus on the whale wallet’s activity, important support levels, and the trends in volume. They could reveal what’s to come next.
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