Haciyev Reşit 
As the U.S. government moves toward reopening, notable activity is being observed in the crypto markets. On-chain data reveals that large investors (whales) have been accumulating significant amounts of tokens from key DeFi projects over the past 24 hours. This trend signals a restoration of market confidence and growing expectations for a short-term upward move.
Aster (ASTER): Massive Million-Dollar Accumulation
While developments continue regarding the resolution of the U.S. government crisis, Aster (ASTER) whales have accelerated their purchases. In the past 24 hours, whales have bought 4.93 million ASTER tokens, increasing their holdings by about 8.7% to 61.45 million ASTER. The total market value of these purchases is estimated at around $5.52 million.
Technical indicators show that ASTER has broken above its $1.11 resistance, forming a new upward channel. When a descending channel pattern breaks to the upside, it usually signals a trend reversal. The On-Balance Volume (OBV) indicator is also gradually gaining upward momentum, pointing to a natural buying pressure supporting price movement. According to analysts, if the price holds above $1.11, ASTER could initially target $1.29, followed by the $1.42–$1.59 range. However, if the price drops below $1, there is a risk of correction down to $0.81. This scenario indicates that whales may be taking early positions in Aster, anticipating a potential market recovery.
Pendle (PENDLE): Smart Money Bets on a Rally
Pendle (PENDLE), a DeFi project with a solid infrastructure, has also entered whale accumulation territory over the past 24 hours. Large investors have purchased 410,000 additional PENDLE tokens, raising their total holdings to 196.33 million tokens, equivalent to approximately $1.19 million in new inflows.
Technically, PENDLE is maintaining its $2.50 support level and forming an upward structure. The critical resistance is at $3.45; breaking above it could send prices toward the $3.93–$5.23 range. The Smart Money Index has also turned upward, forming higher highs since November 5, confirming that professional investors are quietly taking long positions. A break above $3.45 could generate strong short-term momentum for PENDLE, though a dip below $2.50 may weaken the bullish scenario.
Uniswap (UNI): Millions in Additional Whale Purchases
DeFi giant Uniswap (UNI) continues to attract both institutional investors and whales. In the past 24 hours, UNI whales have increased their holdings by 8.96%, reaching 11 million UNI tokens. These purchases amount to roughly $9.37 million in total value.
UNI’s price surged nearly 80% during the week, reaching $9.50. However, technical indicators suggest caution. The price remains within a falling broadening wedge pattern, which often signals a trend reversal. A breakout above $10.77 could open the path toward $12.34 and higher targets. On the other hand, the RSI indicator shows a hidden bearish divergence, hinting at a possible slowdown or short-term correction. For UNI to sustain its bullish momentum, holding above $9.53 is crucial. A drop below $8.67 would indicate potential short-term weakness.
Whale Preference: DeFi and DEX Tokens
Data shows that whales are focusing on DeFi projects in response to expectations surrounding the U.S. government’s reopening. Accumulations in projects like Aster, Pendle, and Uniswap not only reflect short-term technical improvements but also signal renewed confidence in the DeFi sector. As macroeconomic uncertainty decreases, investors may view these whale movements as early indicators of a potential upward trend.
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