Crypto whales became active during the market downturn in early December, and their buying patterns reveal a divide between three very different tokens.

One of them is surpassing all major price extensions with aggressive demand from large investors. Another is establishing itself in a reversal pattern after days under pressure. And a third is showing early signs that the strong selling may finally be easing. Together, these movements show where big buyers expect the next stage of recoveries and continuations of the rise.

FARTCOIN on the rise

Fartcoin is the first surprising entry on the list. The token rose more than 23% in the last 24 hours, surpassing the drop on December 1. Even with this jump, the overall trend is still soft, with a monthly decline of 3.4% showing that the larger structure has not fully recovered yet. But crypto investors clearly see opportunity here.

In the last 24 hours, standard whales increased their holdings by 0.79%, raising their stash to 111.55 million tokens. Mega whales (the top 100 holders) added 4.76%, bringing their total to 700.8 million tokens. Together, the whales acquired 32.43 million FARTCOIN, worth approximately $10.70 million at the current price of around $0.33. This demonstrates strong conviction during a volatile week.

The chart helps explain why. The Relative Strength Index (RSI), which measures momentum on a scale of 0 to 100, showed a standard bullish divergence between November 4 and 22. The price hit a lower low while the RSI reached a higher low. This pattern is linked to reversal setups and triggered the jump of $0.17.

If this reversal setup continues to hold, Fartcoin needs a clean breakout above $0.33. Breaking this level could extend the move towards $0.42, which represents an increase of about 32% from current prices. However, if the setup weakens, the first key support is at $0.23, and losing that level exposes the asset to a deeper test at $0.17.

Uniswap

Uniswap is in a more stable position on this list, and the behavior of crypto investors reflects this. In the last 48 hours, major holders increased their supply from 665.56 million UNI to 666.36 million UNI, an increase of 0.80 million UNI, worth about $4.98 million at the current price. For a DeFi token that tracks broader market liquidity, this discreet accumulation stands out.

Uniswap has been declining since November 11. The chart shows consistent selling, but the pressure may be easing now. The Wyckoff volume bars help explain this. In this system, red bars indicate sellers in control, yellow shows sellers gaining control, blue shows buyers gaining control, and green shows buyers in full control.

In the last 24 hours, the yellow bars have decreased. The last time this pattern appeared—between November 7 and 8—buyers quickly entered, and UNI rose by 77.7% in the following sessions. If the yellow disappears again and the bars turn blue, this may indicate a similar shift.

For a recovery development, UNI must hold $5.40, the key support. A move above $5.90 would show initial strength. Real momentum only returns if UNI surpasses $6.80, the Fibonacci level of 0.618, and one of its strongest technical points.

If this breakout occurs, the recovery path opens towards the $8.10 zone.

If UNI loses $5.40, the structure weakens, and the price could drop to $4.70, which represents the risk of completely canceling the recovery setup.

Pippin

Pippin has been one of the strongest performers during the early December downturn. The token rose nearly 30% in the last 24 hours and followed all extension levels since October 10, when the upward movement began. This consistent rise has attracted the attention of crypto investors who are buying into strength.

In the last 24 hours, major investors increased their holdings by 5.16%. Following this change, they now own 274.63 million Pippin tokens, which means they added about 13.45 million tokens. The top 100 addresses added 3.28% and now have 851.89 million, representing an additional 27 million tokens. Together, these major investors added nearly 40.45 million Pippin tokens, valued at around $7.28 million. This is one of the most significant accumulation sets seen in this group of memecoins this month.

The price chart of PIPPIN corroborates this conviction. Since October 10, the token has crossed every Fibonacci extension on the chart and is now trading above the 3.618 extension. If the same momentum continues, the next major target is near $0.24, which would represent a move of approximately 25% from this zone. A daily close above $0.24 could push Pippin even higher.

The Smart Money Index also supports this strength. This indicator tracks whether informed and early traders are becoming more active. The index formed higher highs last week, showing that these traders continue to support the upward trend. When smart money expands alongside the accumulation of large investors, the scenario often favors new rallies.

A clear move below $0.10 would weaken the structure and could pull PIPPIN back to lower levels. Until then, the momentum, the large investors, and the smart money point in the same direction: the upward trend remains in control.

The article Crypto whales reveal their bets in the market downturn in early December was first seen on BeInCrypto Brazil.