The cryptocurrency market is experiencing a period of stagnation this week, with both Ethereum (ETH) and Cardano (ADA) registering modest declines of around 3%. Despite this lackluster price action, on-chain data reveals significant whale activity. This could influence the future trajectory of these assets. 24-hour data shows major Ethereum transfers, including a significant influx to BlackRock and Bitmine, alongside withdrawals from several new wallets. Ethereum whales appear to be strategically positioning themselves for potential market volatility in the coming weeks. On the Cardano side, analysis suggests large holders have offloaded nearly $41 million worth of ADA over 48 hours. The declining holdings among these addresses indicate a possible profit-taking strategy by certain investors during this period of market lull.