An analyst spots whale acquisition trend amid crypto market pullback.
Many whales are accumulating LINK, ENA, BTC, and ADA.
Whales’ tactical crypto accumulation suggests bullish market sentiment.
Despite the recent crypto market downturn, a cryptocurrency analyst has observed significant whale activity, suggesting that big players are “buying the dip.” This trend, evident in the increased acquisition of Chainlink (LINK), Ethena (ENA), Bitcoin (BTC), and Cardano (ADA), indicates that smart money may be positioning itself for the next bull run.
Bull Run to Continue
In a recent podcast, the analyst said he was confident that the bull run would continue despite the crypto market’s recent pullback. Despite Bitcoin’s potential to drop lower, the analyst believes it is one of the best times to buy digital assets, as revealed by the actions of crypto whales buying cryptos at lower prices.
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