Cardano’s lackluster performance has prompted its largest holders to reduce their trading activity over the past week. On-chain data reveals that ADA whales have gradually distributed their holdings over the past seven days. 

With a growing bearish bias against the altcoin, ADA risks further decline if the trend continues.

Cardano Whales Reduce Their Exposure 

IntoTheBlock’s data shows that the netflow of large ADA holders has plummeted by 90% in the past seven days. Large holders are whale addresses that hold more than 0.1% of an asset’s circulating supply.

When this cohort of token holders reduces their netflow, the inflow of tokens into their wallets significantly decreases compared to outflows. This suggests that these major investors are either selling off their holdings or refraining from accumulating more, reducing their overall market influence.

The decline in large holders’ netflow signals weakening confidence among ADA’s big players, which can lead to lower liquidity and increased price volatility. If this trend continues, the coin may face further downside pressure as buying momentum from key investors falls further.

Moreover, this decline in ADA whale activity comes amid rising demand for short positions in the coin’s futures market. This is reflected by the coin‘s negative funding rate of -0.005%, which suggests that traders are increasingly betting against the asset. 

The funding rate is a periodic fee exchanged between long and short traders in perpetual futures contracts. It is designed to keep contract prices aligned with the spot market. When an asset’s funding rate is negative, short traders are paying long traders. This indicates a stronger demand for short positions, which signals a bearish market sentiment.

ADA Price Prediction: Bearish Trend Grows With Price Below Key Indicator

ADA remains below the red line of its Super Trend indicator on the daily chart, reinforcing the bearish outlook above. This momentum indicator helps traders identify the market’s direction by placing a line above or below the price chart based on the asset’s volatility.

As with ADA, selling pressure dominates the market when an asset’s price trades below the red line of the Super Trend indicator. If the selloffs persist, ADA’s price will extend its decline and fall to $0.70.

Conversely, should traders begin to accumulate the coin again, ADA’s price could climb to $0.82. 

Hyperliquid (HYPE) has faced a lack of bullish momentum since the start of the year. Despite brief rallies, it has struggled to break through key resistance levels. 

Enthusiasts remain optimistic, especially since the token distancing itself from Bitcoin’s broader trends positions HYPE for potential future gains.

HYPE Has A Shot At Breakout

Despite the recent lack of price action, HYPE’s funding rate remains positive, signaling traders’ continued optimism. Many traders have maintained long contracts, anticipating a price recovery. This positive sentiment is crucial for supporting a potential rally and preventing the token from seeing significant declines in the near term.

This optimism suggests that HYPE’s traders are confident about its potential for upward movement, even though the token has been underperforming. The persistence of long positions also shows that traders are betting on a rebound. If this sentiment is sustained, it could help HYPE maintain a stable price floor and set the stage for future growth.

HYPE’s correlation with Bitcoin has been negative, which adds complexity to its market outlook. While Bitcoin has been struggling to maintain support above $100,000, it still presents a bullish outlook. However, HYPE’s decoupling from Bitcoin means that it may not capitalize on Bitcoin’s potential rally, especially with the recent decline in correlation.

The weakening of this correlation could make HYPE more vulnerable to corrections, as its price may not be as responsive to Bitcoin’s moves. If Bitcoin continues to show strength, HYPE’s lack of correlation could lead to further struggles, hindering its ability to break past crucial resistance levels.

HYPE Price Prediction: New High In Sights

HYPE has been stuck in a consolidation range since the beginning of 2025, oscillating between $19 and $27. This range-bound trading suggests that the altcoin is waiting for a breakout. A push above $27 could signal the start of a rally, but the lack of momentum has kept it from making significant gains.

A potential rise toward $32 is within reach if HYPE manages to breach $27 and hold above that level. Achieving this would mark progress toward breaking the all-time high (ATH) of $42, with a 63% rise needed to reach that level. If $32 becomes a support floor, a new ATH could be in sight.

However, if HYPE fails to breach $27 and instead loses support at $23, the price could fall back to $19, continuing its consolidation. This would invalidate the bullish outlook and signal that HYPE may need more time to recover and gather momentum for a more significant rally.