• Crypto whales quietly increased PUMP holdings as key breakout level comes closer
• Mega whales accumulated SNX aggressively while price tests critical continuation structure
• XCN whale buying rises as early reversal signals begin quietly forming

The Supreme Court’s decision to ban Donald Trump’s tariffs has quietly shifted global market sentiment. Stocks reacted first, but crypto whales appear to be moving as well. BeInCrypto analysts tracking blockchain flows have identified early accumulation across three altcoins, signaling positioning ahead of a potential liquidity shift.

Tariff removal can ease inflation pressure and improve risk appetite, conditions that often favor speculative assets. This suggests crypto whales may already be preparing for the next phase of macro-driven crypto momentum, provided the positive sentiment holds.

Pump.fun (PUMP)

Crypto whales are buying Pump.fun (PUMP), one of the earliest infrastructure plays tied to speculative activity. Platforms like Pump.fun tend to benefit first when risk appetite improves, because they sit at the center of high-risk token launches.

On-chain data shows whale holdings rose 1.16% in the past 24 hours, bringing their total stash to 12.23 billion PUMP. This means whales added roughly 140 million PUMP tokens in a single day.

At the current price, this equals about $280,000 worth of accumulation. While not an aggressive spike, it signals early positioning rather than late chasing, reflecting cautious optimism.

The answer behind this behavior may lie in the price chart. PUMP is currently forming an inverse head-and-shoulders pattern on the 12-hour chart. This is a bullish reversal structure that appears when selling pressure fades and buyers begin regaining control.

The neckline resistance sits near $0.0022, and a confirmed breakout above this level could open the path toward $0.0035, representing a potential upside of over 55%

Momentum is already building. PUMP is now testing its 20-period Exponential Moving Average (EMA), which tracks the average price while giving more weight to recent moves.

Traders use this level to judge short-term strength. The last time PUMP reclaimed this EMA on February 13, it rallied nearly 15% shortly after. A similar rally can push the PUMP price past the neckline.

However, risks remain. A drop below $0.0019 would weaken momentum, while a fall under $0.0016 would invalidate the bullish setup entirely.

This explains why crypto whales are accumulating gradually. They appear to be positioning early for a PUMP price breakout, but are still respecting the current market structure.

Synthetix (SNX)

Crypto whales are buying Synthetix (SNX), but a deeper look shows it is mainly mega whales leading the move. This shift comes after the Supreme Court’s Trump tariff ban improved risk appetite. When macro uncertainty drops, large investors often rotate into higher-beta DeFi tokens that can rise faster.

Synthetix fits this profile because it powers synthetic assets, which tend to attract activity when traders expect stronger market momentum.

The data confirms this selective accumulation. The top 100 addresses increased their holdings by 1.47%, bringing their total stash to 312.22 million SNX.