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Crypto Whales Accumulate Tokens Ahead of FOMC Decision

Coin WorldWednesday, May 7, 2025 11:25 am ET

1min read

Crypto whales are actively accumulating key tokens such as NEET, PIN, and CHILLGUY ahead of the Federal Open Market Committee (FOMC) decision, indicating a strategic positioning amidst market volatility. This trend highlights investor confidence in meme and DePIN tokens, despite the overall market fluctuations.

According to Nansen, the recent surge in whale activity around these tokens suggests a bullish sentiment. NEET, for instance, has seen a 45% increase in whale holdings within just 24 hours, reflecting a deepening interest in this token. This accumulation is particularly notable as the crypto market prepares for the FOMC decision, which is expected to influence market sentiment significantly.

NEET's unique marketing positioning has made it appealing to a niche demographic, amplifying its desirability among investors seeking high-risk, high-reward opportunities. The token has garnered over 6,300 holders, indicating solid demand. The recent uptick in NEET’s value, which has surged by 41% over the past day, further underscores the growing interest in this token.

PIN, a mainstay in the RWA-tokenized DePIN sector, has also witnessed significant whale activity. Despite a recent downturn of nearly 13% in its price, whale accumulation has increased by 18.5%. This strategic move during a period of price correction suggests that larger investors view the price dip as an opportunity rather than a setback. The long-term potential of PIN for offering fractionalized ownership of physical infrastructure continues to attract interest, reinforcing its fundamentals.

CHILLGUY, another standout performer in the meme coin sector, has seen its price rise by 38% over the last week. The 52% spike in whale ownership demonstrates confidence among large holders, and on-chain data suggests that these investors are not retreating despite recent price stabilization. This behavior implies foresight into favorable market conditions post-FOMC, with larger players poised to capitalize on an upcoming upswing.

In conclusion, the actions of whales regarding tokens like NEET, PIN, and CHILLGUY illustrate a strategic mindset among investors. With the impending FOMC decision shaping market sentiment, these tokens may be well-positioned for notable price movements. Observers should monitor whale behaviors closely, as they often serve as barometers for future market trends.

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