Despite the recent downturn in the cryptocurrency market, a cryptocurrency analyst has noticed significant whale activity, indicating that major players are 'buying the dip.' This trend, evident in the increased acquisitions of Chainlink (LINK), Ethena (ENA), Bitcoin (BTC), and Cardano (ADA), suggests that smart money may be preparing for the next bull run.
In a recent podcast, the analyst stated that he is confident the bull run will continue despite the recent pullback in the crypto market. Despite the potential for Bitcoin to fall, the analyst believes this is one of the best times to buy digital assets, as evidenced by the actions of crypto whales purchasing cryptocurrencies at lower prices.
Meanwhile, the analyst has noted a new DeFi protocol from Donald Trump, World Liberty Financial (WLFI), which is aggressively acquiring crypto assets. According to the analyst, the protocol recently bought LINK worth $2 million at an average price of $25.21. He also observed a unique whale that sold 120,814 LINK for $3.019 million and used the proceeds to buy 134,433 LINK just hours later. $BTC $DF $FTT #2024withBinance #2024To2025 #2024Crypto