📉📈 ETH Whales Selling, ADA Whales Accumulating — Is a Market Shift Brewing?

Whale wallets often reveal more than price charts — they quietly hint at what’s coming. Recent moves from Ethereum and Cardano whales may be signaling a subtle shift in market sentiment.

ETH Whales Exit, ADA Whales Load Up

Joao Wedson, CEO of Alphractal, highlighted on X that large holders of ETH are gradually reducing their positions, while top Cardano wallets are actively accumulating.

The “Large Holder Share Top100” metric shows how much of a coin’s supply is concentrated among the top 100 wallets. For Ethereum, this percentage has dropped from 22% to 19.6% since May — a decrease of 2.9 million ETH among major holders.

On the flip side, the top 100 ADA wallets are consistently adding to their positions, indicating growing confidence and possible preparation for a bullish move.

Wedson noted that while many of these whale wallets are linked to exchanges, Cardano’s current behavior appears more bullish: “Based on large player behavior, Cardano currently looks more attractive.”

He emphasized the importance of monitoring whale activity as it can offer key insights into future market direction.

As of now, Ethereum trades at $3,766 (up 0.6% in 24h and 3% for the week), while Cardano sits at $0.8297 — up 0.6% in 24h but down 1.5% over the week, according to CoinGecko.#US-EUTradeAgreement #BNBBreaksATH #Write2Earn