Crypto Whales Prepare for March with Notable Accumulation in Three Tokens

Crypto whales are repositioning ahead of March, and their focus has shifted to three prominent tokens: Uniswap (UNI), Bitcoin Cash (BCH), and Chainlink (LINK).

Uniswap is consolidating within a developing symmetrical triangle, with lower highs being met by higher lows as both trendlines converge. Despite the price correction from its intraday high, large holders increased their UNI holdings from 639.06 million to 640 million tokens on February 26 alone, worth roughly $1 million over a few hours.

Bitcoin Cash has seen aggressive whale accumulation, with the largest BCH holder cohort increasing their stash from 4.3 million to 4.4 million coins today, almost $50 million. This move was rapid and decisive, following an inverse head-and-shoulders pattern that formed on February 25.

Chainlink broke out of an inverse head and shoulders pattern yesterday, and large holders moved in after the breakout was confirmed, adding to their stash from 591.96 million to 592.33 million tokens, worth roughly $3.5 million. This accumulation is a clear trigger for further price action.

The Chaikin Money Flow (CMF) crossed above the zero line on February 20 for Chainlink, signaling institutional money flowing into LINK before the price moved. If buying resumes and sentiment holds, a move above $9.62 followed by $10.05 could open the path toward the realized projection target of $11.70.