Whale Wallets Accumulate UNI, LINK and ETH Worth Over $28 Million

56 minute ago 2 sources positive

Key takeaways:

  • Whale accumulation across UNI, LINK, and ETH signals selective risk-on sentiment, not broad altcoin revival.
  • LINK whale's unrealized loss despite buying suggests conviction and possible dollar-cost averaging; monitor flows.
  • USDT-to-ETH conversion shows stablecoin dry powder deploying, potentially supporting ETH and DeFi tokens.

On-chain analytics shared on November 7, 2026, reveal that large investors have been actively accumulating three major altcoins: Uniswap (UNI), Chainlink (LINK), and Ethereum (ETH).

According to Lookonchain, a wallet beginning with 0xC374 purchased 308,517 UNI worth about $2.13 million in its latest transaction. Over the past 45 days, the same address accumulated 1.32 million UNI, with total value reaching approximately $11.05 million.

Another whale tracked by analyst Ai Yi, address 0xBA2…aB9ff, spent $8.23 million on 740,000 LINK and $6.92 million on 3,046.68 ETH over five days. Total purchases of the two assets reached $15.15 million. The LINK balance at this address now stands at 787,000 tokens, with an average LINK cost of about $11.24 and an unrealized loss of roughly $366,000.

Lookonchain also reported that address 0x32c6 spent approximately 19.7 million USDT to receive 8,773.5 ETH, highlighting continued large-scale buying across both single-asset and multi-asset portfolios.

Previously on the topic:
Oct 31, 2026, 10:36 p.m.
Uniswap Labs Launches Developer Analytics as Swap API Usage Crosses $2B
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