The July US Consumer Price Index (CPI) report will be released on August 12, and the crypto market is already showing signs of positioning ahead of this key economic event. On-chain data show that crypto whales have been strategically buying some altcoins in the lead-up to the release. Chainlink (LINK), Cardano (ADA), and the meme-based token PEPE are some of the top assets attracting whale activity. Chainlink (LINK) LINK, the native token of leading oracle network provider Chainlink, is witnessing a surge in whale demand ahead of the US CPI Release According to Nansen data, wallet addresses holding more than $1 million worth of LINK have increased their holdings by 11% over the past seven days
source: https://beincrypto.com/what-crypto-whales-buying-ahead-of-us-cpi/