3 Altcoins Crypto Whales Are Dumping After Trump’s Tariff

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April 5, 2025 | Crypto Market

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3 Altcoins Crypto Whales Are Quietly Selling After Trump’s Liberation Day Tariffs

A Comprehensive Overview Of Trump’s 2025 Tariff Policy

President Donald Trump aimed to reshape U.S. trade dynamics and bolster domestic industries, and to achieve this, he implemented a series of tariffs. These measures have significantly affected the global economy and businesses. In this tariff policy, Trump imposed a 10% tariff on all imported goods starting 5 April 2025, under the International Emergency Economic Powers Act (IEEPA). In some countries, additional tariffs were imposed, like in China, where tariffs increased up to 145% on some imports.

Affect on Altcoins

The cryptocurrency market is one of those that will be affected by Trump’s declaration to implement tariffs. Investors are concerned about the market after this announcement, although the market overall has not experienced the full succumbed to widespread panic. But a few selected groups of influential investors, commonly known as crypto whales, have begun to secretly adjust their position in response to the shifting economic climate. These calculated steps by major players suggest a careful approach for the coming situation, as they seek to a potential risks with the foreseen volatility in the market.

Here we’ll discover what’s happening with top altcoins and why these changes matter for crypto investors:

Uniswap (UNI) Price Decline: Price Downgrade as Market Confidence Declines 

Recent data shows a downfall trend in whale wallets holding between 10 to 100 million UNI tokens, indicating a major shift in the market landscape or dynamics. A significant reduction from 825 to 821 is observed between March 3 to April 2, which indicates weakening investor sentiment before Trump’s ‘Liberation Day’ news.

In the cryptocurrency market, even a nudge by whales often suggests a significant market shift. This trend suggests that large holders of UNI are indicating market caution. Currently, UNI is experiencing a descending trend and is approaching critical technical support levels. If this bearish trend continues, the UNI price drops to around $5.50 or even lower. However, if a bullish reversal occurs, then Uniswap (UNI) may retest the resistance level at $5.97, and if this bull can break out, then the next important level could be $6.23.

Chainlink (LINK) Price Analysis: From Accumulation to Potential Trend Reversal 

Chainlink (LINK) shows a unique market behavior, with whale wallets holding 10000 to 100000 increasing from 2,852 to 2,860 between March 29 to April 1, just before tariff news. But a few numbers of these wallets have slightly decreased to 2,855, after the announcement of Trump’s tariff, which suggests a potential shift towards profit taking. Currently, LINK is at a low point, testing the $12 support level; a drop below this could lead to a decline to $11.85, a level not seen since early November 2024. And if bullish reversal can take LINK up to the $13 resistance level, success here could pave the way for a rise towards $13.45, indicating the onset of a bullish market phase.

Ondo Finance (ONDO) Price Analysis: Optimism Weakens, but Critical Support Level Remains Intact

Ondo Finance (ONDO), similar to Chainlink (LINK), experienced a phase of whale accumulation between March 26 to March 29, with whale wallets increasing from 376 to 390. But after the tariff news, it shows a decrease in the number to 371 whale wallets. This reduction shows that investors are either securing profits or waiting for clearer market situations. ONDO’s price is at a critical juncture; a recovery could push it towards resistance levels of $0.82, with potential targets of $0.90 or $0.95 if surpassed. – Conversely, if the downward trend persists, support levels to monitor are $0.76 and $0.73, with breaches below these points indicating a potential larger decline.

Summing Up: Insights from Whale Watching Experiences

Recent behaviours of the market show that it has not fully entered a risk-off phase, but changes in whale behaviour merit attention. Large-scale investors or whales often act on microeconomic indicators before retail traders. Recent changes in crypto whale behaviour, especially regarding Uniswap(UNI), Chainlink (LINK), and Ondo Finance (ONDO), suggest a careful market sentiment. The synchronized activity across UNI, LINK, and ONDO indicates a prudent outlook for the near term. Traders and holders of these cryptocurrencies should monitor whale wallet activities, key support levels, and volume trends. – These factors could provide insights into potential market movements. As of now, the current prices are:

  • Uniswap (UNI): $7.16
  • Chainlink (LINK): $15.84
  • Ondo Finance (ONDO): $0.935414

Staying informed about these developments can aid in making strategic decisions in the dynamic crypto market.

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