Altcoin Whales Accumulate Millions in DOGE, LINK, and UNI Ahead of Potential Momentum Shift
Recent on-chain data has revealed a surge in whale activity among select altcoins, indicating that large crypto holders are positioning themselves for potential gains.
Dogecoin (DOGE) has seen significant whale inflows, with holders adding over $23.5 million worth of the token to their portfolios in a single day. This move comes as DOGE price action improves, pushing back above both the 20-day and 50-day exponential moving averages.
Chainlink (LINK) also attracted renewed whale activity, with large wallets increasing holdings by approximately $3.1 million worth of LINK. This inflow appears smaller compared to earlier accumulation phases, but timing often carries more weight than size.
Uniswap (UNI) shows a similar pattern of cautious but deliberate accumulation, with whale behavior indicating measured exposure rather than aggressive buying. Holdings climbed from 549.37 million to 549.57 million UNI since January 13, worth approximately $1.1 million.