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Market Analysis: Latest Price Changes and Whale Activity

Market Analysis: Latest Price Changes and Whale Activity

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by Giorgi Kostiuk

2 days ago


Significant changes are observed in the cryptocurrency market connected with the activity of major investors and price changes of key tokens. We examine current trends in BlockDAG, Uniswap, and Chainlink.

Changes in BlockDAG Activity

BlockDAG is entering the final stage of its presale, with recent large purchases dramatically reshaping its leaderboard. Two purchases of over $4 million each reflect investor confidence in long-term growth. The total raised during the presale has surpassed $395 million, indicating a substantial amount of assets sold exceeding 25.7 billion BDAG.

Uniswap Price Status

The Uniswap token (UNI) remains under selling pressure, trading around $9.67. Each new attempt to rise towards the $10.00-$10.20 range is encountering a lack of buying activity. Indicators suggest the chances of recovery remain low, while the absence of new purchases keeps UNI locked in a lower price zone.

Chainlink's Prospects

The outlook for Chainlink (LINK) has noticeably improved due to active buying from major wallets. The price has risen from below $16 to nearly $26. The increase in whale transactions indicates a growing interest and asset accumulation. Breaking above the $30 level will confirm the positive trend.

Based on the current changes in wallets and prices, BlockDAG can be highlighted as the project gaining the most interest, while Uniswap continues to face pressure and Chainlink receives confidence from whale activities.

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