Crypto whales have begun silently shifting their altcoin positions after Trump's Liberation Day. Uniswap (UNI), Chainlink (LINK), and Ondo Finance (ONDO) have all witnessed a decline in the number of wallets holding between 10,000 and 100,000 tokens.
Although the selling is not particularly strong, the timing and consistency across multiple tokens suggest increasing caution or short-term repositioning. As these altcoins face important support and resistance levels, whale behavior may continue to shape their price trajectories in the coming days.
Uniswap (UNI)
The number of Uniswap (UNI) addresses holding between 10,000 and 100,000 tokens has gradually decreased, a trend that began before Trump's Liberation Day and continued afterward.
Between April 2nd and 3rd, this crypto whale group decreased from 825 to 821, indicating a slight but notable reduction in confidence or position from a segment typically considered strategically responsive.
Number of addresses holding between 10,000 and 100,000 UNI. Source: Santiment.Although this decline seems modest, it reflects a broader cautious sentiment among large UNI holders, which often precedes or reinforces price weakness.
Currently, UNI's price remains in a clear downward trend, with increasing risk of dropping to $5.50 or even lower if the downward momentum continues. However, if the trend begins to reverse, the token might first test resistance at $5.97.
A successful breakout from there could push Uniswap higher to $6.23, a level indicating a stronger recovery is occurring.
However, currently, the decline in large wallets and present downward momentum place the asset in a technically vulnerable position.
Chainlink (LINK)
Although the number of Chainlink (LINK) whale addresses – those holding between 10,000 and 100,000 LINK – only slightly decreased after Trump's Liberation Day, from 2,859 to 2,855, the preceding context is more significant.
From March 29th to April 1st, this group actively accumulated, with crypto whale numbers increasing from 2,852 to 2,860. This brief accumulation suggests growing confidence in LINK's potential price increase this month.
The recent decline might merely reflect minor profit-taking or caution during the current adjustment rather than a broader sentiment shift.
Number of addresses holding between 10,000 and 100,000 LINK. Source: Santiment.Technically, LINK is at a critical point. If the current adjustment goes deeper, the token might drop below $12 for the first time since November 2024, with $11.85 being an important support level to monitor.
However, if the trend changes and buyers regain control, LINK might test resistance at $13. A breakout above that could open opportunities for a move towards $13.45.
Ondo Finance (ONDO)
ONDO is showing a similar trend to Chainlink, with whale accumulation occurring from March 26th to 29th as the number of addresses holding between 10,000 and 100,000 ONDO increased from 376 to 390.
This accumulation wave indicates growing interest and confidence from large holders. However, after peaking, whale numbers began decreasing, from 374 to 371 after Trump's Liberation Day.
This slight decline might indicate a pause in optimism or a cautious shift in key players' positions.
Number of addresses holding between 100,000 and 1,000,000 ONDO. Source: Santiment.From a price perspective, ONDO is currently at a critical point. If it can regain last month's price momentum, it might overcome resistance at $0.82, with potential to climb higher to $0.90 or even $0.95 if strength continues.
However, if momentum continues weakening, downside risk increases, with support levels around $0.76 and $0.73 likely to be tested.
