Crypto whales are buying Pump.Fun (PUMP), one of the earliest infrastructure plays tied to speculative activity. Platforms like Pump.Fun tend to benefit first when risk appetite improves, because they sit at the center of high-risk token launches. On-chain data shows whale holdings rose 1.16% in the past 24 hours, bringing their total stash to 12.23 billion PUMP. This represents roughly 140 million PUMP tokens added in a single day at current prices.

Crypto whales are buying Synthetix (SNX), but a deeper look shows it is mainly mega whales leading the move. This shift comes after the Supreme Court’s tariff ban improved risk appetite. When macro uncertainty drops, large investors often rotate into higher-beta DeFi tokens that can rise faster. The data confirms this selective accumulation as the top 100 addresses increased holdings by 1.47% to 312.22 million SNX.

SNX appears to be forming a cup and handle pattern, which is a bullish continuation structure. This pattern starts with a rounded recovery, followed by a smaller pullback called the handle. The key breakout level sits at $0.42, and a break above this level could signal a rally toward $0.73. On the downside, $0.36 and $0.32 are important support levels during consolidation, while a drop below $0.24 would invalidate the bullish pattern.

ONYXCOIN (XCN) is the third token where crypto whales have quietly increased exposure after the Supreme Court’s tariff ban. Whale holdings rose from 48.84 billion to 48.96 billion XCN, adding 120 million tokens in one day. At the current price, this amounts to roughly $612,000 in XCN accumulated. The price action shows a risk-reward setup, with the RSI forming a higher low while price made a lower low, a pattern that has preceded reversals in the past.

OFFICIAL PARTNER

Leave a Reply

OFFICIAL PARTNER

More Articles

Trending

Discover more from Rich by Coin

Subscribe now to keep reading and get access to the full archive.

Continue reading