- Whale wallet has absorbed 23 million AVA, signaling strong conviction with no outflows, suggesting a long-term bullish stance.
- Consistent 12-hour accumulation windows point to an algorithm-driven strategy, reinforcing steady price upward momentum.
- AVA’s technical breakout above key resistance signals bullish momentum, with strong buyer participation and rising volume.
A major crypto whale known for profiting $7.5 million on Fartcoin is now aggressively accumulating AVA tokens, according to blockchain analytics. Wallet activity confirms over $1.71 million in AVA purchases at an average price of $0.03554, yielding an unrealized profit nearing $875,000.
Strategic Flows Show Targeted Accumulation
A sequence of large AVA transfers has been recorded to wallet EcHQGRckdk…Tw9Rq, involving addresses linked to Wintermute and Jupiter Aggregator. The ten most recent inbound transfers exceed 3.8 million tokens, with dollar values averaging around $23,000. According to a post by Lookonchain, the wallet now holds 17 tokens valued at over $4.2 million and shows zero outgoing AVA.
The wallet’s on-chain history indicates persistent acquisition over 20 days, with no evidence of distribution. Transaction timings suggest systematic entries within 12-hour intervals, hinting at algorithmic execution strategies. Transfer data shows high-frequency flows without breakouts in volume volatility, confirming controlled accumulation patterns.
On-Chain Positioning Aligns with Derivatives Shift
Recent inflows of over 23 million AVA coincide with liquidity migrations from decentralized aggregators, narrowing active token supply. Entities like Wintermute and Jupiter show repeated high-volume AVA deposits without reallocation, reflecting long-term positioning. Staking participation is also rising across Solana-native platforms.
Current shifts in investor sentiment highlight a new narrative around token utility, driven in part by AVA’s ecosystem upgrades. Evolving frameworks are reshaping operational models as custodial and algorithmic traders concentrate holdings. Institutional buyers appear to be matching inflows with strategic reserves rather than active rotation.
Technical Breakout Reinforces Momentum
The daily AVA/USDT chart on Binance shows AVA moving decisively above a March downtrend. On May 3, 2025, AVA closed at $ 0.6724, up 3.53%, with a high of $0.6873 and volume of 4.88 million, confirming strong buyer engagement. The breakout broke a clear descending trendline, forming higher lows and higher highs on rising volume.
Price stabilized above former resistance ($0.61–$0.63), now turned support, with no rejection wicks or volatility spikes, indicating sustained accumulation. AVA consolidated between $0.55 and $0.60 for over a month before breaking out, supported by expanding volume and tight candle formations classic bullish reversal setup. The current short-term resistance is near $0.6873.
In a reply by Alva, a crypto commentator, the recent breakout was noted as a critical inflection point. They stated that whale accumulation under $0.04 has set a durable floor, adding, “social sentiment is solid… high engagement from AI narratives and new partnerships.” Alva also flagged a bullish MACD and tightening supply, though warned of risks tied to sharp whale exits.
