The latest trading tales of Hyperliquid whales like Andrew Tate and James Wynn underscore that fortunes can be made and lost in the blink of an eye in the DeFi space. Andrew Tate’s recent X post highlights a staggering 138.5% gain on an Ethereum long position with 25x leverage on Hyperliquid. This impressive trade starkly
AI coins like Reploy (RAI), Alchemist AI (ALCH), and DOGEAI have seen strong market activity in the last seven days. Reploy, an Ethereum-based platform for LLM development, has jumped 15% in the past week as adoption grows.
Alchemist AI, a no-code software development platform on Solana, is up 40%, driven by increasing demand. DOGEAI, tapping into multiple narratives, has gained 5% over the past seven days despite a sharp correction.
Reploy (RAI)
Reploy, an Ethereum-based platform, specializes in developing large language models (LLMs) for a range of applications, including personal chat, image generation, and artificial intelligence assistants.
The platform is integrated with 40 different protocols and introduced its native token, RAI, at the end of December 2024, aiming to enhance its ecosystem and utility.
RAI has surged 15% over the past week, bringing its market cap near to $18 million, while its 24-hour trading volume has climbed 76%. If the current uptrend continues,
RAI could test the resistance at $2.14, and a breakout above this level could push it toward $2.40. Sustained buying interest might drive RAI to challenge $2.90, with the potential to surpass $3 for the first time in a month.
Alchemist AI (ALCH)
Alchemist AI is a no-code development platform that enables users to create software applications using natural language and simple descriptions. Its native token, ALCH, operates on the Solana blockchain.
ALCH has surged over 40% in the past week as the platform continues to gain traction, pushing its market cap to $54 million.
If the current momentum persists, ALCH could soon test the resistance at $0.074, and a breakout could send it toward $0.11.
However, if the trend reverses, losing the $0.059 support could lead to a drop toward $0.045, with a strong downtrend potentially pushing it as low as $0.021.
DOGEai (DOGEAI)
Positioning itself within multiple narratives, DOGEAI capitalizes on the popularity of Dogecoin, the growing attention toward the Department of Government Efficiency (DOGE), the US department led by Elon Musk, and the trend of AI coins.
The project describes itself as “an autonomous AI agent dedicated to identifying waste and inefficiencies in government spending and policy decisions”.
Over the past week, $DOGEAI has climbed nearly 16% until Thursday, though it started seeing correction on Friday. The token currently holds support around $0.040, but if this level fails, a decline toward $0.026 could follow.
On the upside, sustained interest and buying momentum could push $DOGEAI to test resistance at $0.049, with a breakout potentially driving the price as high as $0.076.
Cardano’s lacklustre performance over the past week has prompted some of its largest holders to begin selling their coins. On-chain data reveals that ADA whales holding between 100 million and 1 billion coins have collectively offloaded over $160 million worth of the asset within the last seven days.
This wave of distribution suggests waning confidence among the ADA large holders, adding further pressure to an already fragile market.
Cardano Whale Sell-Off Deepens Bearish Sentiment
According to Santiment, over the past week, Cardano whale addresses that hold between 100 million and 1 billion ADA have sold 170 million coins, valued at over $106 million at current market prices.
This wave of distribution signals a negative shift in sentiment among whales. Their decision to offload such a large volume of tokens adds pressure to ADA’s already struggling price.
Moreover, this trend could also influence retail traders to follow suit, exacerbating the selling pressure and further reducing the chances of an ADA price rebound in the near term.
The coin’s weighted sentiment is also currently negative, confirming the growing bearish bias across the market. At press time, this is at -0.20.
This on-chain metric analyzes social media and online platforms to gauge the overall tone (positive or negative) surrounding an asset. When its value is below zero like this, the overall market sentiment regarding the asset is bearish.
Per Santiment, ADA’s weighted sentiment has remained below zero since March 8, indicating that bearish discussions and outlooks continue to outweigh bullish ones.
This persistent negativity suggests a heightened risk of prolonged price decline, as traders appear reluctant to re-enter or increase their exposure to the asset.
Bearish Momentum Builds for ADA
On the daily chart, readings from ADA’s Relative Strength Index (RSI) support this bearish outlook. As of this writing, this key momentum indicator, which tracks an asset’s oversold and overbought market conditions, is at 46.47.
The RSI indicator ranges between 0 and 100, with values above 70 indicating that the asset is overbought and due for a decline. On the other hand, values below 30 signal that the asset is oversold and could witness a rebound.
At 46.47, the downward tilt of ADA’s RSI suggests weakening momentum and the potential for further losses if buying pressure does not return soon. In this scenario, ADA’s price could fall to $0.50.
Bitcoin continues to hover around the $110,000 mark despite reaching a new all-time high last week. The lack of further breakout momentum is likely due to profit-taking by new whales, according to on-chain data.
Since April 20, Bitcoin’s price has surged over 30% from $84,000. However, the rally has stalled since hitting a record peak of $111,970 on May 22. Analysts say the price plateau may be tied to selling pressure from recently established whale addresses.
Are New Whales Restricting Bitcoin’s Price?
CryptoQuant’s cohort analysis shows a clear pattern. The majority of profit realization over the last month came from new whales, who have taken advantage of the rally to lock in gains.
“With such a rally, it’s important to monitor whether profits are being realized by new or old whales. Surprisingly, the data shows that 82.5% of the profit-taking since April 20th has come from new whales,” J.A. Maartunn of CryptoQuant told BeInCrypto.
The data further shows that new Bitcoin whales realized approximately $3.21 billion in profits. It’s significantly larger compared to $679 million by older whale wallets.
This rotation of gains appears to be exerting resistance just below the $112,000 level.
Also, the following CryptoQuant chart reflects how this trend materialized before BTC hit an all-time high last week. Blue bars, representing new whales, dominate the profit-taking columns since late April.
The most recent grey-shaded section highlights increased activity from these newer market participants.
In contrast, earlier spikes in realized profits—such as the $811 million and $255 million events in February and March—were attributed to older whales.
Meanwhile, the trend of profit-taking has continued this week.
New whales, in particular, have been realizing profits during this latest pump pic.twitter.com/IoJrBToFnQ
This behavioral shift suggests that new whales are seizing recent highs to exit positions they likely entered during Q1’s downturn. These exits create persistent overhead selling pressure, stalling further upward movement.
At the same time, older whales remain largely inactive. Their reluctance to sell may signal longer-term confidence in Bitcoin’s trajectory, potentially limiting downside risk in the near term.
Until this new whale selling subsides, Bitcoin may struggle to decisively break above current levels. Market watchers will be closely tracking whether this cohort continues to offload or pauses, allowing the price to find renewed momentum.