Cold Wallet $6.2M, Cardano Nears $1, ETH Locks Supply
Cold Wallet has raised $6.2 million in its stage 17 presale by maintaining clear tokenomics. The project caps its 10 billion CWT supply. Forty percent is allocated to the presale, while a separate 25 percent rewards pool covers referrals, cashback, and loyalty incentives. This structure protects early investors from hidden dilution and boosts long-term confidence.
Cardano (ADA) recently crossed $0.90, driven by whale activity: large transactions jumped from 86 to over 1,000 in one week. Open interest in ADA derivatives climbed 25 percent to $1.88 billion, supporting a push toward the $1 liquidity zone.
Ethereum (ETH) shows a shift to self-custody and staking. Coinglass data reports a 10.6 percent drop in leveraged contract holdings (from 15.32 m ETH to 13.69 m ETH), and exchange reserves fell nearly 10 percent. Over 35 million ETH (28 percent of supply) is now staked. Reduced circulating supply and leverage point to healthier tokenomics and long-term value.
Traders focused on tokenomics, supply management, and whale metrics may find bullish setups across these markets.
Bullish
Cold Wallet’s successful $6.2M presale and disciplined tokenomics underscore strong investor demand for transparent crypto projects. By separating its reward pool from the main presale allocation, Cold Wallet reduces the risk of hidden supply dilution—a factor that often pressures prices downward. This clear allocation model is likely to attract more long-term holders, supporting price stability and potential appreciation.
Cardano’s surge in whale transactions and a 25% jump in derivatives open interest reflect significant institutional and retail engagement ahead of the $1 target. Historically, spikes in ADA whale activity have preceded upward price movements, suggesting strong bullish momentum as ADA tests the $1 resistance zone.
Ethereum’s 10% drop in leveraged contract holdings and nearly 10% fall in exchange reserves signal a shift toward self-custody and staking. With 28% of ETH supply locked, reduced circulating supply can create upward price pressure. Past cycles show that increased staking correlates with price gains. Collectively, these developments point to a constructive market outlook, offering short-term trading opportunities and long-term value accumulation.