Whale actions related to Chainlink (LINK) and the new coin SWARM are drawing significant attention in the cryptocurrency community. Here are the key factors explaining why whales are focusing on these two coins:
1. Chainlink (LINK): Confidence in long-term potential
• Strong accumulation: Within 4 days, whales bought 1.40 million LINK, showing confidence in the long-term value of LINK as the market is ready to enter a new growth cycle.
• Price breakout: LINK has increased by 22% in a short time and is trading within the range of $23-$24. This indicates stable consolidation and a high likelihood of an upcoming price breakout.
• Technical indicators: LINK crossing the 200 EMA on the 4-hour timeframe is a strong signal for an upward trend. This creates confidence that LINK could increase by an additional 20%, reaching up to $29 in the coming days.
• Preparing for 2025: Major events such as the presidential inauguration and market outlook changes in 2025 make whales want to position themselves early, ensuring they do not miss significant growth opportunities.
2. SWARM: Significant potential profits
• Strong growth: SWARM is attracting attention due to significant unrealized profits by whales. A notable example is the first whale holding 59.94 million SWARM at only $0.04036 and currently having unrealized profits of $19.92 million.
• Whale activity: On January 5th, three whales actively bought and profited greatly from SWARM. This behavior indicates high expectations for this coin and could be a sign of a price surge in the near future.
• Market potential: SWARM is becoming a focal point thanks to support from major investors and strong growth momentum, making it likely to become a new star in the altcoin space.
Why do whales act like that?
1. Long-term investment strategy: Whales often accumulate assets during low price phases or accumulation periods, expecting to sell at higher prices when the market grows.
2. Confidence in the cryptocurrency market 2025: With positive forecasts for the cryptocurrency industry in 2025, whales are positioning themselves to take advantage of potential growth.
3. Increasing influence: Large whale transactions can create upward momentum, attracting more retail investors, thereby boosting the value of the assets they hold.
What to pay attention to:
• Adjustment risk: Although the upward trend is clear, the cryptocurrency market can still experience strong corrections. Retail investors need to be cautious and not chase FOMO.
• Technical analysis: Monitoring key support and resistance levels of LINK ($23-$29) and SWARM's price volatility for reasonable investment decisions.
If the accumulation and breakout trends continue, both Chainlink and SWARM could be notable coins in the 2025 investment portfolio.