The delayed US CPI report — beforehand postponed because of the historic authorities shutdown — is scheduled for launch on November 13, with excessive market expectations. October’s inflation is projected to remain near September’s 2.6% headline and three.3% core year-over-year readings. A cooler print may revive rate-cut hopes, whereas a warmer one would possibly delay them once more. Forward of the discharge, crypto whales are making selective purchases.
They look like shifting away from broad risk-on bets towards tokens with regular fundamentals and clear use instances. Their accumulation sample suggests a give attention to DeFi-linked property and lower-volatility tasks. And worth constructions that trace at early indicators of development reversals.
Chainlink (LINK)
Crypto whales are shopping for Chainlink once more after weeks of regular promoting. Prior to now 24 hours, whale holdings have elevated from 542.92 million LINK to 543.07 million LINK. That’s roughly 150,000 LINK, price about $2.36 million on the present worth.
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This sudden shopping for comes simply earlier than the US CPI report, suggesting whales count on a cooler or regular inflation print that might carry broader market sentiment. Their renewed curiosity alerts confidence that Chainlink’s latest weak point could also be near bottoming out.
On the technical aspect, LINK’s worth made a decrease low between October 10 and November 4, whereas its Relative Power Index (RSI) — which measures shopping for and promoting energy — made a better low. This uncommon bullish divergence usually seems earlier than a development reversal, displaying hidden accumulation beneath the floor. As for the present development, LINK is down about 33% over the previous three months, making the newest reversal principle extra significant.
If this sample performs out, the primary key stage to observe is $18.76, which has capped a number of rallies since late October. A breakout above it may open the subsequent leg towards $23.80, and probably $27.92, confirming that whales timed their entries proper.
Nonetheless, if the LINK worth breaks under $13.72, the setup would fail, and the value may revisit decrease helps. For now, the mixture of whale accumulation, bullish divergence, and CPI-linked optimism exhibits why crypto whales are shopping for Chainlink forward of this important report.
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Pendle (PENDLE)
Crypto whales are shopping for Pendle too, steadily forward of the CPI launch. In contrast to Chainlink’s 24-hour surge in whale exercise, Pendle’s accumulation has been constructing quietly over the previous week.
Whale wallets holding between 100,000 and 1 million PENDLE have elevated their balances by 7.64%, reaching 2.86 million tokens. On the identical time, the highest 100 addresses (mega whales) boosted their holdings by 2.62%, now sitting at 249.27 million tokens — an addition of about 6.37 million PENDLE, price almost $17.7 million.
Collectively, whales and prime holders have accrued round 6.57 million PENDLE within the final seven days, totaling almost $18.3 million in worth.
This shopping for got here throughout a modest 6.5% worth rise in the identical interval, displaying that enormous holders are positioning early, probably anticipating a CPI-driven market carry. Regardless of the near-term rebound, Pendle stays down 47.9% over the previous three months, making these ranges engaging for accumulation.
Technically, the chart hints at why whales are stepping in. The Cash Move Index (MFI) — which tracks cash getting into or leaving an asset by evaluating worth and quantity — has simply damaged above a descending trendline that related decrease highs since early November. This breakout suggests bettering cash influx momentum after weeks of decline, usually seen in the beginning of restoration phases.
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If the value follows by way of, PENDLE may take a look at $3.37 first. A clear each day shut above that might open a path to $3.94. And if macro sentiment strengthens additional, $6.25 stays a long-term goal.
Nonetheless, if Pendle drops under $2.50, the MFI breakout may fail, and short-term promoting would possibly resume. That might expose new lows for this DeFi token.
Cardano (ADA)
Crypto whales are shopping for Cardano once more — however this time, the tone feels extra cautious. Massive ADA holders proudly owning between 100 million and 1 billion tokens have elevated their steadiness from 3.7 billion ADA to three.8 billion ADA since November 10.
That’s roughly 100 million ADA added in simply two days, price about $57 million on the present worth.
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This marks the primary notable accumulation wave in weeks and comes proper earlier than the US CPI report, hinting that whales could also be positioning in safer, low-volatility property whereas ready for macro readability. Over the previous yr, ADA has barely moved — buying and selling in a large however gradual vary. This makes ADA one of many extra “defensive” performs amongst main altcoins.
The technical chart provides weight to this transfer. ADA has dropped 41% over the previous three months. But, between June 5 and November 4, the value made decrease lows whereas momentum indicators fashioned greater lows. It’s a traditional bullish divergence sample that always precedes a development reversal.
Do notice {that a} related divergence setup appeared earlier between June and mid-October. However earlier rebounds have been capped at below $0.69.This time, nonetheless, the decrease lows are extra pronounced, which may give stronger upward momentum if the sample performs out.
ADA’s subsequent key resistance sits at $0.61, roughly 8% above present ranges. A breakout above that might open the door to $0.73, and a sustained each day shut above $0.73 may lengthen positive factors towards $0.93 or greater.
Nonetheless, if the value breaks under $0.49, the bullish setup would fail, exposing a deeper pullback.