What Crypto Whales Are Buying and Selling During the US-Iran Conflict
Crypto whales are actively rotating assets during the US-Iran conflict, buying The White Whale (WHITEWHALE) based on smart money signals while selling WAR and Uniswap (UNI) despite mixed technical indicators.Summary
Amidst volatility caused by the US-Iran conflict, crypto whales are not panicking but are strategically rotating their holdings, indicated by on-chain data showing both accumulation and selling.
One token being accumulated is The White Whale (WHITEWHALE), with whales increasing holdings by 3.59% in 24 hours. This buying appears linked to the Smart Money Index signaling potential upside, despite a bearish head-and-shoulders pattern suggesting downside risk.
Conversely, whales are selling WAR and Uniswap (UNI). WAR, ironically named, saw whale holdings drop by 32.86% despite a 40% price surge, supported by bearish divergence on the RSI. Similarly, whales offloaded about $6.1 million worth of UNI despite positive legal news for DeFi, as technical analysis showed hidden bearish divergence, suggesting these sales are strategic trimming rather than panic.
(Source：BeInCrypto)