Crypto Whales Adjust Positions Post-Trump Tariffs, UNI, LINK, ONDO Prices At Risk
2min read Crypto whales have been quietly adjusting their altcoin positions following the implementation of Trump’s Liberation Day tariffs. This shift is evident in the declining number of wallets holding significant amounts of Uniswap (UNI), Chainlink (LINK), and Ondo Finance (ONDO) tokens. The sell-off, while not dramatic, suggests a growing sense of caution or short-term repositioning among these large holders.
Uniswap (UNI) has seen a steady decline in the number of addresses holding between 10,000 and 100,000 tokens, a trend that began before Trump’s Liberation Day and has continued since. Between April 2 and April 3, the number of these whale addresses dropped from 825 to 821, indicating a slight but notable reduction in confidence or strategic positioning. This decline reflects a broader sentiment of caution among larger UNI holders, which often precedes or reinforces price weaknesses. Currently, the UNI price is in a clear downtrend, with growing risks of a drop toward the $5.50 level or even below if bearish momentum continues. However, if the trend begins to reverse, the token could first test resistance at $5.97. A successful breakout from there could push Uniswap higher toward $6.23, suggesting a stronger recovery is underway. For now, the decrease in whale-sized wallets and prevailing bearish momentum place the asset in a vulnerable technical position.
Chainlink (LINK) has also experienced a slight decline in whale addresses holding between 10,000 and 100,000 link, falling from 2,859 to 2,855 after Trump’s Liberation Day. However, leading up to this, from March 29 to April 1, this group was actively accumulating, with the number of crypto whales rising from 2,852 to 2,860. This short burst of accumulation suggested growing confidence in LINK’s upside potential heading into the month. The recent dip may simply reflect mild profit-taking or caution during the current correction rather than a broader shift in sentiment. Technically, LINK is at a critical point. If the ongoing correction deepens, the token could fall below $12 for the first time since November 2024, with $11.85 as the key support to watch. However, if the trend shifts and buyers regain control, LINK could first test resistance at $13. A break above that level would likely open the door for a move toward $13.45.
Ondo Finance (ONDO) shows a trend similar to Chainlink, with whale accumulation taking place between March 26 and March 29 as the number of addresses holding between 10,000 and 100,000 ONDO grew from 376 to 390. This wave of accumulation pointed to growing interest and confidence from larger holders. However, after peaking, the number of whales started to drop, falling from 374 to 371 following Trump’s Liberation Day. This decline, while subtle, may indicate a pause in optimism or a cautious shift in positioning among key players. From a price perspective, ONDO now sits at an important moment. If it can regain the bullish momentum seen last month, it could push through the resistance at $0.82, with the potential to climb further toward $0.90 or even $0.95 if strength persists. However, if momentum continues to fade, downside risks increase, with support levels around $0.76 and $0.73 likely to be tested.
As these altcoins face key support and resistance levels, whale behavior could continue to shape their price trajectories in the coming days. The consistent pattern of selling across multiple tokens suggests that large holders are exercising caution in response to the recent tariff announcements, which could influence market sentiment and price movements in the near future.
Ask Aime: How are altcoin whales adjusting their positions in Uniswap, Chainlink, and Ondo Finance?
