Whales Accumulate SYRUP and LINK, Trim POL Ahead of January US CPI
Beincrypto reports crypto whales are repositioning ahead of the January US CPI print, accumulating Maple Finance (SYRUP) and Chainlink (LINK) while trimming holdings in Polygon’s POL. On-chain data shows SYRUP whale wallets added 7.41% in the past 24 hours—about 480,000 SYRUP, roughly $0.19 million—and whale balances are up over 718% on a 30-day basis.
SYRUP has risen nearly 40% over 30 days, trading above major EMAs after the 20-day EMA crossed the 50- and 100-day EMAs; a daily close above $0.40 would target $0.46 then $0.50, while losing $0.36 and $0.34 would signal downside toward $0.30. Chainlink whales increased holdings from 503.12 million to 503.51 million LINK, adding about 390,000 LINK (~$6.6 million); LINK is forming a double bottom on the 12-hour chart and must clear $13.50 and then $14.90 to extend toward $15.50 and $17.01, while a drop below $12.90 weakens the recovery and a loss of $11.70 would invalidate the pattern.
Large POL holders between 10 million and 100 million tokens cut balances from 585.39 million to 582.37 million POL, a reduction of about 3.02 million, after a multi-day rally; POL is up around 20% on the week but slipped nearly 4% over 24 hours, with on-balance volume rolling over.
Key Topics
Crypto, Maple Finance, Chainlink, Polygon, Us Cpi, Whales