Altcoins on Whale Radar: ADA, LINK, ONDO, and HBAR
Main Idea
Whale activity indicates bullish trends for altcoins ADA, LINK, ONDO, and HBAR, with notable accumulation and price predictions despite broader market fluctuations.
Key Points
1. Cardano (ADA) whales are buying more despite a general sell-off by Ethereum whales, with analysts predicting a potential rise to $1.
2. Chainlink (LINK) whales accumulated $144M worth of tokens, signaling bullish momentum with price targets of $22-$28.
3. Ondo Finance (ONDO) surged 27% recently, with significant whale activity moving tokens to private wallets, aiming to reclaim its all-time high of $2.40.
4. Hedera (HBAR) gained 12% after its Robinhood listing, backed by major tech firms like Google and IBM, showing resilience amid altcoin slowdowns.
Description
Cardano whales buying more, even as Ethereum whales start selling. Chainlink whales accumulated $144M in LINK, signaling bullish price action. Ondo Finance up 27%, with whale wallets growing sharply this week. The cryptocurrency market has slipped into the red zone as investors await the upcoming U.S. Federal Reserve meeting scheduled for July 30. While Bitcoin is trying to hold steady near its recent all-time highs, several altcoins like ADA, BNB, DOGE, and HYPE have dropped by around 3%. Still...
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