What are crypto whales buying to seek potential profits in April 2026?

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Entering April, crypto whales are adjusting their positions on three different Token , as accumulation on the blockchain aligns with bullish technical patterns.

BeInCrypto experts tracking whale accumulation activity identified three names that large holder began accumulating in the last days of March and even the first hours of April. Each accumulation was directly linked to a specific technical signal on the price chart.

Chainlink (LINK)

Chainlink was one of the first Token to see a return of buying activity from crypto whales right at the start of April. Both Chainlink and Quant (the next Token on the list) operate in the real-world asset Tokenize (RWA) sector, and the increasing attention to RWA infrastructure seems to be attracting large holder back.

After a period of gradual selling at the end of March, LINK whales have reversed course and started buying again in recent sessions. on-chain data from Santiment shows that the amount of LINK held by whales has increased from 673.5 million to 674.51 million Token. This additional amount of approximately 1.01 million LINK is worth nearly $9 million at current prices.

Largest holder LINK Whale Holdings: Santiment

The timing of the accumulation coincided with a bullish divergence signal on the daily chart. Between January 25th and March 29th, the price of LINK formed a new Dip , but the Relative Strength Index (RSI) – a momentum indicator – formed a higher Dip .

A similar pattern emerged from January 25th to March 8th of this year. After confirming the divergence, LINK surged by approximately 20% and reclaimed the 20-day Exponential Moving Average (EMA) – a technical indicator used to assess trends by prioritizing recent price movements.

The whales seem to be betting that history will repeat itself. Currently, LINK is trading right at the 20-day EMA around $8.87.

LINK Price Analysis Price analysis LINK: TradingView

If the price holds above this level, the divergence signal remains valid, and LINK is likely to continue rising to the $9.97 region. If it falls below $8.87, the price could drop to $8.20, and the divergence pattern would be broken.

Quant (QNT)

Quant is another RWA Token that also attracted whale buying at the start of April. Unlike Chainlink , which has already confirmed a divergence pattern, QNT 's breakout signal has not yet clearly formed.

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The amount of QNT held by whales has increased from 7.88 million to 7.9 million Token since March 29th, according to data from Santiment. This increase is approximately 20,000 Token, worth nearly $1.4 million at current prices. The accumulation occurred in several small batches on March 29th and 31st, rather than a single concentrated effort. Since yesterday, whales have not shown any selling activity, suggesting they are expecting a clearer bullish pattern to form.

Sharks hold Shark holdings: Santiment

On the daily chart, QNT is forming a cup and handle pattern with a target of approximately 30% increase. Currently, the "handle" is still developing within a descending price channel. The current daily candle has no upper wick, indicating stable buying pressure during the session.

However, QNT is still stuck in the "handle" area. First, the price needs to break above $72.63 to exit this consolidation zone, then challenge the $80.84 mark around the 0.618 Fibonacci level – a crucial technical zone. If it also breaks above $84.45, a full-blown bullish scenario will be triggered, pushing the price to targets of $89.05, or even $102.32 or higher.

QNT price analysis QNT price analysis: TradingView

If the price falls below $67.56, the cup pattern will weaken. The whales entered positions quite early and firmly, however, the chart still needs further confirmation before an uptrend becomes clear. Additionally, if LINK surges strongly, QNT is likely to benefit from the positive sentiment as well.

Bitcoin Cash (BCH)

Bitcoin Cash ranks last in the top 3 Token attracting strong buying interest from crypto whales as April begins.

One of the largest groups of BCH whales – wallets holding between 10,000 and 100,000 coins – increased their holdings from 4.52 million to 4.78 million BCH starting on March 29th. This means they accumulated an additional 260,000 BCH, worth nearly $120 million at current prices.

Prior to March 29th, this group was almost inactive, with very little change in their coin holdings. Therefore, this sudden surge in buying activity is truly remarkable in the market.

Large sharks possess a lot of BCH. Analysis of the amount of BCH held by sharks: Santiment

A bullish signal has appeared on the 12-hour timeframe. BCH is forming a double Dip pattern with an expected increase of approximately 8.80%. This pattern was confirmed on March 29, 2024, which is also when large investors significantly increased their buying activity. The neckline is near $486.20. If the price breaks above $489.10, the breakout scenario will be clearly confirmed and could lead to the psychological zone of $500, then $529, and possibly $534.

BCH price analysis BCH price analysis: TradingView

On the downside, the $459.40 level is XEM the first warning zone. If the price falls below $446.70, which is also the double Dip support zone, the uptrend structure will weaken significantly and the price could fall further to $423.50. Currently, the $486.20 level is a crucial boundary, determining whether BCH will break through to $529 or return to the Dip around $446.70.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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