Bitcoin (BTC) and altcoins have begun to recover after the declines in October and November.
While investors see the decline as an opportunity, whales continue their transactions.
At this point, while whales are concentrated on some altcoins, Etheruem (ETH) and Cardano (ADA) come to the fore.
Cryptocurrency analysis platform Alphractal said that whales are showing much more interest in long positions in Etheruem and Cardano compared to retail investors.
The analysis firm noted that the gap for ETH and ADA has widened and turned positive, according to Whale vs Retail Delta, which compares the leveraged net positions of large investors with small investors.
A positive delta means whales are buying aggressively and going long.
A negative delta typically indicates distribution, where whales reduce their long positions or open short positions while retailers continue to buy.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/big-whales-are-moving-they-picked-two-altcoins-and-are-opening-long-positions/
