The invention discloses a low whitening alpha-cyanoacrylate adhesive, which comprises the components of alpha-cyanoacrylate, calixarene, an anion polymerization inhibitor and a radical polymerization inhibitor, wherein the content of the calixarene accounts for 0.5-3% of the mass of the alpha-cyanoacrylate, the content of the anion polymerization inhibitor accounts for 50-250ppm of the mass of the alpha-cyanoacrylate, and the content of the radical polymerization inhibitor accounts for 100-2000ppm of the mass of the alpha-cyanoacrylate. The low whitening alpha-cyanoacrylate adhesive without loss of curing speed and bonding strength can be prepared by mixing and stirring the alpha-cyanoacrylate, the calixarene, the anion polymerization inhibitor and the radical polymerization inhibitor in a three-neck flask at normal temperature.