“New Money” on Solana (Hyperliquid players, AI meme players) is becoming this round’s new whale;
The money earned by last round’s ETH whales has already been “trapped or shifted,” and their whale status is being replaced by new Solana players;
Cardano whales have become “old-timers from the previous round,” marginalized by the market.
Whale identities are also evolving: the real progression from BTC whale → ETH whale → Solana whale is happening, and each round “who is the whale” gets reshuffled.
What you should be watching now is the “new Hyperliquid whales + AI meme whales” on Solana—their position-taking moves have more signal value than the older whales.
The money earned by last round’s ETH whales has already been “trapped or shifted,” and their whale status is being replaced by new Solana players;
Cardano whales have become “old-timers from the previous round,” marginalized by the market.
Whale identities are also evolving: the real progression from BTC whale → ETH whale → Solana whale is happening, and each round “who is the whale” gets reshuffled.
What you should be watching now is the “new Hyperliquid whales + AI meme whales” on Solana—their position-taking moves have more signal value than the older whales.