Crypto Whales Go Fishing: What Altcoins Are on Their Dinner Plates?

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Hold onto your wallets, folks! This week, the crypto market has been busier than a one-armed bricklayer in a windstorm! With a fabulous leap of $101 billion in global market capitalization, it seems everyone’s back in the trading ring, throwing caution—and dollars—to the wind!

And guess what? Our big fish, the mighty whales, are at it again! They’ve been scooping up altcoins like kids in a candy store! We’ve got Uniswap (UNI), PancakeSwap (CAKE), and Ondo (ONDO) making headlines this week. Talk about a feeding frenzy! 🍬🐋

Uniswap (UNI)

Our favorite DeFi token, UNI, has caught the attention of those deep-pocketed whales. How much attention? Let’s just say it surged faster than a dog after a squirrel! The netflow from these large holders shot up by over 3900% in just one week! 🐶💨

And what’s a large holder, you ask? Just a whale with more than 0.1% of UNI’s supply swimming around in their digital sea! When they buy more than they sell, it’s like a cheer for investors! “Go UNI! Go UNI!” 🤩📈

This trend could even inspire retail traders to jump on the UNI bandwagon, squeezing the supply and possibly sending prices skyrocketing! “Higher, higher, higher!” we shout like kids at a carnival game! 🎪🎉

PancakeSwap (CAKE)

Next up, we have PancakeSwap (CAKE), the BNB-based wonder that’s grabbing whale attention faster than a seagull spots a hot dog! With all this meme coin madness on the BNB Chain, PancakeSwap is the DEX du jour. Demand for CAKE is rising faster than a soufflé in a perfect oven! 🍰🔥

According to our buddies at Santiment, previously inactive CAKE whales—those hefty holders with 100 million to 1 billion tokens—are back in action! In the past 24 hours alone, they’ve gobbled up 101 million CAKE worth over $250 million! Cha-ching! 💰💸

If these whales keep munching on CAKE, it could defy market trends and make some serious gains! “Go big or go home!” we always say! 🍾🚀

Ondo (ONDO)

Last but not least, let’s not forget the real-world asset-based superstar, Ondo (ONDO)! Whales that hold between 10,000 and 100,000 ONDO have snatched up 1.08 million tokens over the past week! That’s a whale-sized dinner! 🐳🍽️

Currently, this band of investors is holding a whopping 60.44 million coins! If they start a market-wide ONDO accumulation phase, we could see that price creeping toward $0.95 before you can say “crypto rollercoaster”! 🎢📊 Right now, it’s at $0.83! Talk about a thrilling ride!

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2025-03-21 20:11