With just days left in February, crypto whales are quietly repositioning. The broader market remains uncertain, but on-chain data tells a different story. Large holders are selectively adding exposure across three tokens — one seeking direction, one seeking a breakout, and one targeting greater upside.

As March approaches, the big holders appear to be making their move early.​​​​​​​​​​​​​​​​

Uniswap (UNI)

Uniswap is among the more interesting names showing crypto whale activity heading into March. Despite a broader market pullback, UNI is up nearly 15.5% over the past 24 hours, briefly spiking to $4.29 before pulling back sharply.

Yet crypto whales are not flinching. On-chain data shows large holders increased their UNI holdings from 639.06 million to 640 million tokens. And they did all of that on February 26 alone. At the current price, that sudden accumulation is worth roughly $1 million over a few hours, reflecting quiet conviction even as the price corrected from its intraday high.

The chart context explains why. UNI has been consolidating inside a developing symmetrical triangle, with lower highs being met by higher lows as both trendlines converge. The past two attempts to break above the upper resistance were rejected hard, with sellers stepping in precisely at the triangle boundary. The large wick from today’s session is a direct reflection of that dynamic — momentum pushing up, supply pushing back.

However, smart money positioning remains aggressive, as the Smart Money Index is still way above the signal line. This keeps the possibility of a breakout alive if broader market conditions improve. A confirmed 12-hour close above $4.21 would validate the breakout and give UNI a possible bullish direction. That would open upside toward $4.88 and potentially $5.95 if DeFi rotation picks up meaningfully through March.

On the downside, $3.81 is the key support. A break there risks pushing UNI toward the lower triangle boundary. However, buyers have consistently defended that zone since early February, suggesting the symmetrical structure remains intact and continues narrowing. However, if the broader market sell-off begins, traders need to keep a close eye on whale and smart money positioning.

Bitcoin Cash (BCH)

Bitcoin Cash is another name where whale accumulation has turned suddenly aggressive. BCH is up just 1.5% in the past 24 hours, underperforming the broader market. But zoom out, and Bitcoin Cash is up nearly 70% year-on-year. That is a standout number. Most major crypto names cannot say the same.

That long-term strength appears to be driving fresh conviction. The largest BCH holder cohort, wallets holding between 100,000 and 1,000,000 coins, increased their stash from 4.3 million to 4.4 million today, almost $50 million. The move was rapid and decisive. Notably, these whales were steadily reducing holdings until February 25. Then the shoulder of an inverse head-and-shoulders pattern formed.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Price began moving on February 24. By February 26, accumulation kicked in sharply. The timing is deliberate. Whales waited for the pattern to develop before committing. That is disciplined positioning, not reactive buying. On the 8-hour chart, BCH has rallied roughly 10% since February 24, only to pull back.

It is now approaching the neckline of that inverse head-and-shoulders formation. A confirmed break above $598 would signal a breach of the neckline, which BCH could attempt in March. Based on pattern projection, that opens a path toward $777. However, it would first need to push past $570, a strong technical resistance, before that.

Given BCH’s year-on-year track record, both the targets, first the neckline at 19% and then the target, are not far-fetched. However, the setup has clear invalidation levels. Failure to reclaim $508 would be an early warning sign. A drop below $470 weakens the pattern meaningfully. A close under $423 invalidates the structure entirely, and the whale thesis unravels with it.​​​​​​​​​​​​​​​​

Chainlink (LINK)

Chainlink rounds out the three tokens where crypto whale accumulation has turned decisive heading into March. LINK saw continuous whale selling through February 25. That changed on February 26. Large holders increased their stash from 591.96 million to 592.33 million tokens. That is an addition of 370,000 LINK. At the current price, that accumulation is worth roughly $3.5 million — a sudden shift in positioning.

The trigger is clear. On the 12-hour chart, Chainlink broke out of an inverse head and shoulders pattern yesterday, as predicted by BeInCrypto Analysts. This is not anticipatory buying. Whales moved after the breakout was confirmed, adding on evidence rather than speculation.

Since the breakout, LINK has met resistance at $9.62 and pulled back, possibly due to profit-taking. However, it is holding firmly near $9.28, a strong support zone. That level needs to hold for the bullish structure to remain intact.

There is another layer of strength here. The Chaikin Money Flow, or CMF, crossed above the zero line on February 20. That cross preceded the breakout, signaling institutional money flowing into LINK before the price moved. CMF currently sits at 0.13.

A push toward 0.18 would confirm deepening institutional participation and give LINK the momentum needed for the next leg.
If buying resumes and sentiment holds, a move above $9.62 followed by $10.05 opens the path toward the realized projection target of $11.70.

Invalidation is straightforward. A correction toward $8.51 is the first warning. A close below $8.04 weakens the structure considerably and puts the entire bullish thesis at risk.​​​​​​​​​​​​​​​​