The third week of September has seen an increase in the broader participation of the cryptographic market, with a renewed purchase pressure by raising the capitalization of the global cryptography market by 3% in the last seven days.
This rebound has not gone unnoticed by large investors, since the whale activity shows a growing accumulation of selected altcoins.
Sponsored
Link, the native token of the main supplier of Oracle Network Chainlink, is one of the cryptographic tokens whales bought this week.
According to data in the Santiment chain, during the review period, the whale addresses that have between 100,000 and 1 million links have acquired 2.5 million tokens valued at $ 61 million at current market prices.
At the time of writing this article, the link is quoted at $ 24.43. If the accumulation of whales persists, it could push Altcoin’s price towards $ 26.89, a maximum that last reached on August 23.
On the other hand, if the demand falls, the price of Link could reverse its trend and fall below $ 23.48.
Sponsored
Cronos (Cro)
Cronos (Cro) has also become a whale favorite this week, with an increase in the activity of great support by 29% in the last seven days, according to Nansen’s data.
The increase in accumulation signals renewed trust among great money players in the Token.
Sponsored
If this wave of whale purchases continues, it could provide the impulse necessary to push CRO to the level of $ 0.27.
On the contrary, if the demand weakens, the Token runs the risk of returning to $ 0.19 in the short term.
Toncoin (ton)
The recent consolidation of TON prices in recent days has opened the door to the accumulation of some cryptographic whales.
Sponsored
According to data in the Santiment chain, the whale addresses that have between 1 million and 10 million tokens have increased their holdings by 5% during the week under review.
If this trend continues, ton could leave its lateral trend and recover $ 3.20.
However, once the outputs resume, their price could fall to $ 3.04.
