Crypto Whales Position for April US CPI: ETH Buying, UNI Selling, LINK Accumulating

Published: 2026-04-10 08:14:31 |

Crypto whales are positioning ahead of the April US CPI print, with on-chain data showing contrasting flows across majors and DeFi. ETH (Ethereum) leads the whale accumulation story. Santiment data says ETH whale wallets rose from 122.93M to 123.43M in hours (+500,000 ETH). That addition is estimated at about $1.09B in fresh buying. The article also notes the Ethereum Foundation recently staked roughly 45,000 ETH to earn yield rather than sell, reducing potential sell pressure. UNI (Uniswap) shows the opposite behavior. Nansen data reports whale holdings fell 2.48% over the past seven days, leaving about 3.57M UNI. The implied sales are roughly 90,000 UNI (around $283K at ~$3.14), framed as broader DeFi profit-taking ahead of a potentially volatile CPI. LINK (Chainlink) rounds out the list with sudden accumulation. Santiment shows LINK whale wallets climbed from 660.02M to 661.91M tokens (+1.89M LINK), equivalent to about $16.93M in fresh buying. The piece links this to expectations that a softer core CPI could catalyze a relief rally. Macro backdrop: the CPI outlook is described as hot in headline terms due to energy costs tied to the Iran conflict, while core CPI is forecast softer—fueling whale bets on a relief move.

Neutral

This news looks **neutral** because whale positioning is mixed across the three highlighted tokens ahead of the April US CPI print. ETH shows large accumulation and structural support (Ethereum Foundation staking), which can support a risk-on relief bid if core CPI comes in softer. However, UNI whale wallets are cutting exposure, suggesting some holders expect volatility or prefer to de-risk DeFi into the data release. LINK’s accumulation adds a bullish counterweight, but it is not broad-based across all mentioned categories (notably UNI is the drag). Historically, CPI weeks often produce sharp intraday moves driven by options hedging and macro headlines; whales frequently express both directional bets (ETH, LINK) and hedging/de-risking behavior (UNI). Net effect: the setup can raise probability of a volatility-driven move around CPI, but direction is not uniformly confirmed, so market impact is best described as neutral unless the actual core CPI outcome triggers follow-through.