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Whale crypto sells these tokens before Trump’s international prizes on August 7

These announcements of US customs tariffs generally provoke volatility on stock markets and crypto. Thus, the great holders of crypto, commonly known as the whale crypt, appear to be moved before the announcement before the announcement of the redistribution of certain assets.

Uniswap (Uni)

The Uni decentralized financial token is one of the assets that the whale crypt appears to redistribute before this Wednesday 7 August. This is reflected in Netflow of its large holders who, according to Intotheblock, have fallen by 98 %in the last seven days.

Netflow main holders of UNI.
Netflow main holders of UNI. Source: Inotheblock

Large holders are addresses that have more than 1 % of the offer in the circulation of assets. According to the data supplier, the Netflow indicator is the main holders.

Thus, when this indicator drops, these large holders move their assets outside the storage wallets, often towards stock exchanges or other destinations where they can be sold.

In the case of the United States token, 98 % decrease in Netflow main holders during the past week suggests that Wales’s purses have significantly reduced their purchases. This states a wave of distribution that could increase sales pressure on the Uni before August 7.

If sales continue, the price of the token could drop to $ 8.67.

Union Price Analysis
Analysis of UNI price. Source: TradingView

However, if the purchasing pressure increases and traders occupy more positions, it could shift the UNI price to $ 10.25.

Ethena (Ena)

ENA, a native token that feeds the synthetic dollar protocol based on Ethereum, Ethena, is another active that the whale crypt sells on August 7.

Nansen data reveals a decline in the activities of the main holders ENA last week. According to the supplier of the chain data, the balance of Whale’s wallet chips, which holds chips with a value of more than $ 1 million, has decreased in the last seven days.

At the time of writing this article, this group of investors has almost 42 million chips.

Activity Crypto Ena Whale.
Whale activity ENA. Source: Nansen

This sales trend is monitored by a constant decline in the ENA compared to the $ 0.70 cycle, recorded on July 28, while traders are in a hurry to secure their profits. If the dynamics remains downwards, the course ENA could slide more towards the support area of $ 0.48.

Analysis of ENA price.
Analysis of ENA price. Source: TradingView

On the contrary, the recovery of a shopping pressure could open the way to reflect around $ 0.64.

Cardano (ADA)

Crypto Layers 1 (L1) ADA is another digital asset that major investors redistribute before the announcement of the world awards Trumpa 7th August.

According to Santiment data, whale has been sold between 1 million and 10 million units over the last seven days.

Distribution of ADA offer.
Distribution of ADA offer. Source: Sanmitment

If these large whales maintain distribution, they flood the market from an offer that exceeds demand, the ADA course could slip around $ 0.66.

ADA price analysis.
ADA price analysis. Source: TradingView

However, a strong increase in purchasing interest could drive altcoin above the level of resistance of $ 0.76.

Morality of History: Krypto plankton follows the whale.

Notification of irresponsibility

Notice of irresponsibility: In accordance with the Trust project Directives, this article for price analysis is intended only for information purposes and must not be considered financial or investment advice. Beincrypto undertakes to provide accurate and impartial information, but market conditions may change without prior notice. Always carry out your own research before making any financial decision and consult a professional.

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