What Crypto Whales Are Buying Before the October 2025 US CPI Print

The delayed US CPI report, originally postponed due to the historic government shutdown, is scheduled for release on November 13, carrying high market expectations. October’s inflation is projected to remain close to September’s readings of 2.6% headline and 3.3% core year-over-year. A cooler print could revive hopes of rate cuts, whereas a hotter print might delay those expectations. This report is expected to have a significant ripple effect across financial markets, including the cryptocurrency sector.

Ahead of the CPI release, crypto whales are actively making selective moves. They appear to be moving away from broad risk-on investments, instead focusing on tokens with strong fundamentals and clear use cases. Accumulation patterns suggest an increased interest in DeFi-linked assets, lower-volatility projects, and price structures signaling early trend reversals. These strategic adjustments indicate cautious but targeted positioning in anticipation of potential market shifts.

Chainlink has caught the eye of crypto whales after weeks of selling pressure. Over the past 24 hours, whale holdings increased from 542.92 million LINK to 543.07 million LINK — a rise of 150,000 LINK, approximately $2.36 million at current prices. This uptick aligns with expectations for a cooler or steady inflation print that could improve broader market sentiment.

On the technical front, LINK’s price recently formed a bullish divergence on its Relative Strength Index (RSI), with its price making a lower low while the RSI made a higher low. Historically, such patterns often indicate hidden accumulation and potential trend reversals.

Despite LINK being down by 33% over the past three months, this latest activity suggests optimism among whales. Key resistance levels include $18.76, $23.80, and $27.92, while a break below $13.72 would invalidate this bullish setup.

Pendle is another DeFi-linked asset drawing attention from crypto whales. Unlike the sharp increase seen in Chainlink, PENDLE’s whale accumulation has been steady over the past week, with whales holding 100,000 to 1 million tokens increasing their balances by 7.64%, reaching 2.86 million tokens. Mega whales (holding over 100 million tokens) added 6.37 million PENDLE, totaling nearly $18.3 million in value.

Technically, the Money Flow Index (MFI) has broken a descending trendline, indicating improving money inflow momentum. Key levels include $3.37, $3.94, and potentially $6.25 if sentiment remains strong. However, a break below $2.50 would negate this bullish setup and expose lower levels.

Crypto whales have made cautious moves into Cardano (ADA), increasing holdings from 3.7 billion to 3.8 billion ADA since November 10, worth roughly $57 million. This marks the first significant accumulation in weeks, suggesting that whales may view ADA as a low-volatility, defensive asset while waiting for macroeconomic clarity.

From a technical perspective, ADA shows signs of a bullish divergence as lower lows in price are accompanied by higher lows in momentum indicators. However, resistance levels like $0.61, $0.73, and $0.93 remain key hurdles for upside momentum. A breakdown below $0.49 would invalidate the setup and likely lead to further declines.

The renewed interest in assets like Chainlink, Pendle, and Cardano reflects the strategic alignment of crypto whales ahead of the crucial US CPI report. With accumulation driven by technical signals like bullish divergences and MFI breakouts, whales are positioning for potential macro-driven recovery scenarios. However, key levels across these tokens act as triggers for further upside or invalidation, encapsulating the cautious yet opportunistic approach being taken by these market movers.