Whales have purchased approximately $2.36 million worth of LINK, anticipating a breakout above $18.76 amid bullish divergence.
Whale wallets and large wallets added about $18.3 million in PENDLE, aiming for an MFI-supported move to exceed $3.37.
Large holders purchased around $57 million of ADA, seeking confirmation if the price rises above the $0.61 resistance.
The release of the US Consumer Price Index report, previously delayed due to the historic government shutdown, is set for release on November 13, with keen anticipation from the markets. Inflation for October is expected to remain close to the September reading of 2.6% for the headline and 3.3% for the core year-on-year. Printing lower numbers may renew hopes for interest rate cuts, while larger numbers could delay them again. Ahead of the release, cryptocurrency whales are making selective purchases.
They seem to be shifting away from general risk bets towards currencies with stable fundamentals and clarity in use cases. Their accumulation patterns indicate a focus on assets related to decentralized finance and projects with lower volatility, suggesting an early signal for trend reversals.
1-Chainlink (LINK)
Cryptocurrency whales are buying Chainlink again after weeks of continuous selling. Over the past twenty-four hours, whale holdings increased from 542.92 million LINK to 543.07 million LINK. That's about 150,000 LINK, worth around $2.36 million at the current market price.
LINK Whales: Santiment
These sudden purchases come ahead of the US Consumer Price Index report, indicating that whales expect lower or stable inflation prints, which could boost overall market sentiment. Their renewed interest signals confidence that recent weakness in Chainlink may be nearing its end.
Technically, LINK prices recorded a new low between October 10 and November 4, while the Relative Strength Index (RSI) — which measures buying and selling strength — recorded a new high. This rare divergence, which tends to appear before trend reversals, indicates hidden accumulation beneath the surface. Regarding the current trend, LINK has decreased by about 33% over the past three months, making the recent reversal theory more significant.
If this pattern is executed, the first key level to watch is $18.76, which has halted several rallies since late October. A break of the next level towards $23.80, and possibly $27.92, confirms that the timing of whale entry was right.
LINK Price Analysis: TradingView
However, if LINK's price breaks the level of $13.72, the setup will fail, and prices could visit lower support levels. Currently, the accumulation by whales, the bullish divergence, and optimism related to CPI are reasons why cryptocurrency whales are buying Chainlink ahead of this critical report.
2-PENDLE
Cryptocurrency whales are also steadily buying PENDLE ahead of the CPI report release. Unlike Chainlink's 24% increase in whale activity, PENDLE has quietly accumulated over the past week.
Whale wallets holding between 100,000 and 1 million PENDLE increased their balances by 7.64%, reaching 2.86 million tokens. At the same time, the top 100 addresses (large whales) have increased their holdings by 2.62%, now totaling 249.27 million tokens — an increase of about 6.37 million PENDLE, valued at nearly $17.7 million.
Together, whales and the largest holders have accumulated about 6.57 million PENDLE in the past seven days, amounting to nearly $18.3 million in value.
PENDLE Whales: Nansen
This purchase occurred during a modest price increase of 6.5% during the same period, showing that large holders are positioning early, perhaps in anticipation of a market rise driven by the Consumer Price Index. Despite the short-term bounce, PENDLE remains down 47.9% over the past three months, making these levels attractive for accumulation.
Technically, the chart indicates why whales are entering the market. The Money Flow Index (MFI) — which tracks money entering or exiting assets by comparing price and volume — has just broken through a downward trendline connecting lower highs since early November. This breakout indicates an improvement in money flow momentum after weeks of decline, which is often seen at the beginning stages of recovery.
If the price follows this trend, PENDLE could first test the level of $3.37. A clean daily close above that will open the way to $3.94. And if the overall sentiment strengthens towards a more positive direction, $6.25 will remain a long-term target.
PENDLE Price Analysis: TradingView
But if PENDLE drops below $2.50, the MFI breakout may fail, and short-term selling may resume. That could reveal new lower levels for this DeFi token.
3-Cardano (ADA)
Cryptocurrency whales are buying Cardano again, but this time they seem to be more cautious. Large ADA holders owning between 100 million and 1 billion tokens have increased their holdings from 3.7 billion ADA to 3.8 billion ADA since November 10.
That amounts to about 100 million ADA added in just two days, valued at around $57 million at current prices.
Return of ADA whales to buy: Santiment
This indicates the first noticeable accumulation wave in weeks and comes just before the US CPI report, suggesting that whales may be moving towards safer, low-volatility assets while awaiting macro clarity. Over the past year, ADA has barely moved — trading in a wide but slow range. This makes ADA one of the major "defensive plays" among altcoins.
The technical chart has added weight to this movement. ADA has decreased by 41% over the past three months. However, between June 5 and November 4, the price recorded lower lows while momentum indicators formed higher lows. This is a classic bullish divergence pattern that often precedes a trend reversal.
Note that a similar divergence setup appeared earlier between June and mid-October. But previous bounces were capped below $0.69. This time, however, the lower lows are more pronounced, which may give a stronger upward momentum if the pattern is realized.
The next major resistance for ADA is at $0.61, about 8% above current levels. A breakout above this will open the door to $0.73, and a sustained daily close above $0.73 may extend gains towards $0.93 or higher.
ADA Price Analysis: TradingView
However, if the price breaks below $0.49, the bullish formation will fail, revealing a deeper pullback.
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