Trump’s Tariffs Spark Panic: Whales Flee These 3 Altcoins!

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So, guess what? Crypto whales are doing the financial equivalent of running away from a burning building, all thanks to Trump’s Liberation Day tariffs. Yep, you heard that right. Uniswap (UNI), Chainlink (LINK), and Ondo Finance (ONDO) are now seeing fewer whales holding between 10,000 and 100,000 tokens. How dramatic, right? (Not really, but let’s pretend it is!)

While this sell-off hasn’t exactly been a panic attack of epic proportions, the timing and consistency across these tokens are like a giant red flag waving in front of us. It’s like a strategic repositioning… or maybe they’re just really scared of what’s coming next. 🏃‍♂️💨

Uniswap (UNI)

Uniswap (UNI) whales are playing a game of “let’s see who can sell their tokens the fastest.” The number of wallets holding between 10,000 and 100,000 UNI tokens has been falling faster than my interest in a three-hour tax seminar. This trend kicked off even before Trump’s “Liberation Day” fiasco, and it’s only gotten worse since.

Between April 2 and April 3, the number of whales dropped from 825 to 821. What’s the big deal, right? It’s just four wallets! Well, four wallets in whale terms means a slight shift in confidence or just a casual ‘oops, better get out while I can’ moment. 💸

Yes, it’s subtle, but this is like when the first domino falls, and you’re too slow to catch it. The price of UNI is on a downward spiral, heading towards $5.50… or maybe even lower if bears keep doing their thing. But, oh, if the stars align and we get a reversal, UNI could test the $5.97 resistance. The dream! But let’s not get too excited.

So, for now, this asset is hanging by a thread. Don’t say we didn’t warn you. 🧵

Chainlink (LINK)

Now, Chainlink (LINK) is doing that thing where it looks like it’s fine but also secretly crying on the inside. The number of LINK whale addresses, those holding 10,000 to 100,000 tokens, dropped from 2,859 to 2,855 right after Trump’s tariffs. Big whoop, right? Four wallets? That’s like a hiccup in crypto-land.

But hold on! From March 29 to April 1, these whales were adding more LINK to their piles, increasing from 2,852 to 2,860. It’s like they were excited about LINK’s potential, but then… they got cold feet after the tariffs hit. 🙄

Link is at a critical crossroads, though. If the downward trend continues, LINK could dip below $12, a level it hasn’t seen since November 2024. But, oh wait! If the trend flips, LINK could smash through resistance at $13 and even jump to $13.45. The suspense is killing us! Or is it? 😂

Ondo Finance (ONDO)

And finally, Ondo Finance (ONDO) joins the party of “let’s be cautious but also let’s pretend we’re cool.” Between March 26 and March 29, the number of whales holding 10,000 to 100,000 ONDO tokens rose from 376 to 390. A little optimism here. But then came Trump’s tariffs, and guess what? Whales decided to take a little dip in the ocean of uncertainty, dropping from 374 to 371.

So, after that initial whale buying frenzy, it looks like the tides are turning. Is it a sign of doom or just a casual pause? Only time will tell. 🕰️

If ONDO gets back to its bullish ways, it could push past resistance at $0.82 and aim for the big $0.90 prize. If not, well, hello $0.76 and $0.73 support. This is the moment of truth, people! 🧐

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2025-04-05 03:51