$ADA The cryptocurrency market had just managed to grow briefly on news of an almost concluded trade deal between the USA and China when armed conflict between Israel and Iran brought it down again.

In the last 24 hours, Bitcoin has fallen by 2.65%, Ethereum has decreased by almost 8.9%, and Solana has plummeted by 9.2%. While retail investors are counting their losses, large cryptocurrency holders are using the situation to accumulate altcoins.

For example, in the past few days, crypto whales have invested over $120 million in Cardano (ADA). Accumulation began after Bloomberg Intelligence raised the likelihood of Cardano-ETF approval to 75% by 2025.

In the last 24 hours, Cardano has fallen by 7.8% and may continue to decline amid the drop in Bitcoin.

The most popular token in the market for crypto whales turned out to be Hyperliquid (HYPE). Two major holders collectively spent about $14.9 million on the altcoin: one bought HYPE at a price of $38.5, and the other at $39.1. It is known that both used their tokens for staking, thereby demonstrating their confidence in its future.

At the time of writing, HYPE was trading at $40.02, down 3.58% over the day.$BTC $ETH $BNB