Cryptocurrency whales are madly accumulating, focus on these 3 potential altcoins!
Uniswap ($UNI)
Uniswap's governance token UNI is one of the tokens purchased by crypto whales this week. This is evident from the inflow of funds from its large holders, which increased by 492% over the past seven days.
UNI Large Holders Netflow
Inflow of funds from UNI large holders
The inflow of funds from large holders measures the difference between the buying and selling of tokens by whales over a specific period. When the inflow of funds surges like this, it indicates strong accumulation by whales, suggesting increased confidence in the asset or a bullish outlook.
If whales continue to accumulate, UNI may extend its rise to $7.10. On the other hand, if demand decreases, UNI could lose its recent gains and drop to $4.60.
MANTRA ($OM)
The recent price drop of OM has opened the door for strategic accumulation by its largest holders. According to on-chain data from Santiment, whale addresses holding between 10 million and 100 million OM tokens acquired 26 million OM this week.
This accumulation trend occurred after a dramatic price crash of OM on April 13. The token flash-crashed in less than an hour, losing over 90% of its value, wiping out more than $5.5 billion in market capitalization.
Worldcoin ($WLD)
WLD, associated with Sam Altman, is another competitive coin purchased by crypto whales this week. On-chain data shows that whales holding between 1 million and 10 million tokens purchased 13 million WLD in the past week.
WLD Supply Distribution
This group of WLD investors currently holds 798.06 million tokens, reaching their highest recorded balance. If WLD whales increase accumulation, its price could rebound to above $1. On the other hand, if selling continues, it could drop to $0.57.
