What Crypto Whales Are Buying Ahead of the April FOMC Meeting

Ahead of the April FOMC meeting, where a rate hold is highly probable, crypto whales are actively accumulating three specific tokens: Onyxcoin (XCN), Chainlink (LINK), and Ethereum (ETH). Onyxcoin's accumulation is driven by a recent listing on Upbit and a bullish divergence on its RSI, with whales positioning it to benefit from pre-FOMC liquidity. Chainlink is seeing steady whale accumulation, suggesting conviction as it forms an inverse head and shoulders pattern, potentially leading to a 17% breakout. Ethereum accumulation is linked to structural on-chain demand, with exchange reserves at a six-year low and corporate treasuries increasing holdings, independent of FOMC rate decisions. Whales appear to be using the pre-meeting consolidation as a discount window for ETH before its supply shock thesis is fully priced in.

(Source：BeInCrypto)