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.
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.
Read also : Trump-Backed World Liberty Financial Grows Crypto Portfolio to $45 Million
In the meantime, the analyst spotted Donald Trump’s new DeFi protocol, World Liberty Financial (WLFI), which is aggressively buying crypto assets. According to the analyst, the prot…
The post Smart Money Moves: Whales Stock Up on Crypto Despite Market Downturn appeared first on Coin Edition.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.