Whales Bet Big on Cardano, Hyperliquid, and Ethereum

The crypto market enjoyed a short rally when news broke about progress in the U.S.-China trade deal. That optimism didn’t last long. Following Israeli attacks on Iran, geopolitical tensions once again took center stage. The markets immediately went into a risk-off state. Riskier assets like cryptocurrency were shunned by investors. Bitcoin is still declining and is currently testing important support levels. The atmosphere is cautious overall.

Even while the state of the world affects pricing, some on-chain data indicates that major cryptocurrency players are not doing nothing.

 Crypto whales have been quietly making moves, building positions in specific altcoins. Analysts watching these wallet activities believe some altcoins could be preparing for a rally.

Here are three altcoins that whales are focusing on right now.

Cardano (ADA): Quiet Accumulation by Whales

Cardano (ADA) is among the altcoins that receive the most attention. Whales have collected more than $120 million in ADA in the past three days. This large accumulation was spotted by whale-tracking platforms. At the same time, Bloomberg Intelligence raised the chances of a Cardano ETF approval to 75% by 2025. That potential ETF has become a major talking point in the Cardano community.

Source: CoinGecko

Despite the buying pressure, ADA’s price has been moving with Bitcoin’s downtrend. If Bitcoin drops further, ADA might test the $0.58 to $0.60 range soon. That level could provide support. If buyers step in, ADA may bounce from there. If not, the next likely stop is between $0.50 to $0.45.

Right now, ADA is trading at $0.63. This makes the next few weeks critical for ADA holders. If the whales are right and a rebound comes soon, Cardano could become one of the stronger performers during the next market move.

Hyperliquid (HYPE): Whales Betting on the Future

Another altcoin drawing attention is Hyperliquid (HYPE). It has become a hot pick for big-money investors in recent weeks. Two whales alone bought nearly $15 million worth of HYPE. One made their purchase at $38.5, while the other entered at $39.1. Both of these large investors have chosen to stake their HYPE tokens, signaling long-term confidence in the project.Source: CoinGecko

The key level to watch for HYPE is between $40.6 and $40. If the price stays above that range, the bullish trend could continue. In that case, HYPE might push toward $45 next. However, if the price drops below $39–$38 and stays weak, that might show the rally is losing steam.

For now, whale behavior is telling a clear story. They are locking up tokens, expecting that this project has more growth ahead. Retail investors may watch this closely in the coming days for signs of another move.

Ethereum (ETH): Institutions Start Rotating Into ETH

Ethereum is once again in the news, both for its price and its trading activities. In terms of daily futures trading volume, ETH has now formally surpassed Bitcoin. ETH futures have been trading at roughly 1.5 times the volume of BTC for the past three days. That represents a significant change in market interest.Source: CoinGecko

Institutions are beginning to invest more heavily in Ethereum. One of the biggest asset managers in the world, BlackRock, just bought over $163.6 million worth of Ethereum. With the expectation that Ethereum would outperform Bitcoin in the near future, many investors are beginning to shift some of their money from Bitcoin to Ethereum.

Ethereum is now having difficulty regaining the $2,800 threshold. ETH may next aim for $3,200, according to analysts, if it can continuously close above that level.

After that, $3,600 could follow if market sentiment improves.

While short-term uncertainty remains, Ethereum is showing signs of becoming the next favorite for institutional investors.