Whales add DOGE, LINK and UNI as market rises after US CPI

Whales add DOGE, LINK and UNI as market rises after US CPI — Assets.beincrypto.com
Image source: Assets.beincrypto.com

Beincrypto reports large on-chain holders added Dogecoin, Chainlink and Uniswap as the crypto market pumped after US December CPI rose 2.7% year over year. On-chain data shows whales holding 10 million to 100 million DOGE increased holdings from 17.60 billion to 17.76 billion DOGE—about 160 million tokens, roughly $23.5 million—while DOGE gained about 5.9% over 24 hours and 7.6% over 30 days.

The report says DOGE has reclaimed its 20-day and 50-day EMAs, with the 20-day closing in on the 50-day; whales are watching a breakout above $0.154 (about 4.6% above current prices), which could bring longer-term EMAs into play, while losing the EMAs could expose $0.115. Chainlink saw whales add roughly 220,000 LINK—holdings rising from 503.20 million to 503.42 million LINK, about $3.1 million—while LINK rose nearly 6% in 24 hours and is testing resistance around $14.10.

The piece outlines a cup-and-handle setup where LINK needs a daily close above $14.10 and follow-through above $15.04 to project toward $17.62 (roughly 25% higher); a move below $12.97 would weaken the setup and a break under $11.73 would invalidate it. Uniswap whales added about 200,000 UNI—holdings moving from 549.37 million to 549.57 million, near $1.1 million—as UNI trades just below its 20-day EMA after a roughly 5.5% 24-hour gain.


Key Topics

Crypto, Dogecoin, Chainlink, Uniswap, Us Cpi, Crypto Whales