Whales take action before the US CPI! LINK, ADA, and PEPE become the three major money-making kings in the crypto market.

The US Consumer Price Index (CPI) for July will be released on August 12, and market sentiment has already begun to heat up. On-chain data shows that cryptocurrency whales are concentrating funds to position themselves in Chainlink (LINK), Cardano (ADA), and PEPE, indicating that they are taking strategic bets ahead of the major economic data release. The prices of these three major assets have recently seen significant pumps and are expected to experience further breakthroughs if whale demand continues.

Chainlink (LINK): Surged 30% in a week, targeting $25.55

(Source: Nansen)

As a leading oracle network token, LINK attracted a large number of high-net-worth investors before the CPI announcement. According to Nansen data, over the past seven days, the number of wallet addresses holding more than $1 million in LINK has increased by 11%.

This influx of capital has driven the LINK price to rise over 30% in a single week, reigniting bullish sentiment in the market. If buying pressure continues, LINK is expected to challenge $25.55; conversely, if demand cools, the price may retreat to $19.51.

Cardano (ADA): Whale buys 190 million coins, price hits a new 14-day high

(Source: Santiment)

As a first-tier public chain token, ADA has also become the focus of Whale attention. Santiment data shows that in the past week, wallet addresses holding between 100 million to 1 billion ADA have net increased their holdings by 190 million.

This wave of capital has driven the price of ADA up to $0.82, reaching a new high in nearly two weeks. If the pump continues, ADA is expected to break through $0.84 and challenge the resistance level of $0.92; however, if buying pressure weakens, the price may retrace to $0.76.

PEPE: Meme coin popularity warms up, up 17% in a week

(Source: Nansen)

The Solana-based frog-themed meme coin PEPE has recently also been favored by whales. In the past seven days, the addresses holding more than 1 million USD worth of PEPE have increased their holdings by 2%, with a total holding of 9.01 trillion coins.

Driven by buying pressure, the price of PEPE has risen to $0.00001207, with a weekly increase of 17%. If the capital inflow continues, PEPE is expected to reach $0.00001315; however, if demand cools down, the price may drop back to $0.00001070.

CPI data may become a short-term market catalyst

The CPI report is an important reference indicator for the Federal Reserve's monetary policy. If the data is lower than expected, the market may interpret it as positive for risk assets, further driving up Crypto Assets.

In this context, the Whale buying behavior of LINK, ADA, and PEPE may reflect their optimistic expectations for the short-term market. However, at the same time, if the consumer price index is higher than expected, the market may experience profit-taking pressure.

Conclusion

Before the announcement of the CPI in the United States, Whale funds are concentrating on LINK, ADA, and PEPE, driving the prices of these three major assets to rise simultaneously. In the short term, CPI data will be a key variable affecting market trends. Investors should closely monitor on-chain capital flows and changes in key price levels to flexibly adjust their strategies. For more real-time market information and in-depth analysis, please follow the official Gate platform.

ADA-2.44%
PEPE-3.79%
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