📉📈 $ETH WHALES EXIT, ADA WHALES ACCUMULATE — IS A SILENT REVERSAL BREWING?
While retail traders watch charts, whale wallets quietly shift the tides.
According to Joao Wedson, CEO of Alphractal, top 100 Ethereum holders have reduced their supply from 22% to 19.6% since May — offloading over 2.9 million ETH. Meanwhile, Cardano’s top 100 wallets are steadily accumulating, signaling growing confidence in ADA’s long-term upside.
Wedson notes that while some of these wallets belong to exchanges, the trend clearly shows larger players leaning into ADA over $ETH . “Based on large player behavior, Cardano currently looks more attractive,” he stated on X.
ETH rose 0.6% in the last 24 hours to $3,766 and is up 3% this week, while ADA sits at $0.8297 with a slight daily gain but a weekly dip of 1.5%.
Are the whales silently positioning for an ADA resurgence?