Cardano Whale Activity Spikes – 80 Million ADA Added In 48 Hours
The post Cardano Whale Activity Spikes – 80 Million ADA Added In 48 Hours appeared on BitcoinEthereumNews.com. Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Cardano (ADA) is entering a decisive moment as bulls fight to hold the $0.74 support zone and build momentum for a move toward the $0.90 level. After gaining over 68% since its April lows, ADA is showing strong signs of recovery, but it must defend current levels to confirm continuation. This phase is critical, as price action tests a key demand zone that previously triggered significant upside. Related Reading Adding to the bullish sentiment, on-chain data from Santiment reveals that whales have accumulated over 80 million ADA in the past 48 hours. This surge in large-scale buying activity points to growing confidence among big players, potentially setting the stage for a breakout. Whales often lead major market moves, and their renewed interest in Cardano may be signaling a sustained rally ahead. However, the $0.90 level now acts as a near-term resistance, and reclaiming it will be essential to unlock higher targets. The coming days are likely to be pivotal for ADA’s price structure. If bulls manage to flip this level, the next leg up could bring Cardano back into the spotlight—possibly reigniting broader altcoin enthusiasm in the process. Whale Accumulation Signals Strength: Buyers Push For A Breakout Despite this impressive rebound, ADA remains 43% below its December 2024 highs around $1.32. This gap highlights the cautious optimism that dominates the altcoin landscape. While bulls are gradually regaining control, overall market fear and macroeconomic uncertainty continue to pressure altcoins, many of which are still struggling to push…
The post Cardano Whale Activity Spikes – 80 Million ADA Added In 48 Hours appeared on BitcoinEthereumNews.com.
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Cardano (ADA) is entering a decisive moment as bulls fight to hold the $0.74 support zone and build momentum for a move toward the $0.90 level. After gaining over 68% since its April lows, ADA is showing strong signs of recovery, but it must defend current levels to confirm continuation. This phase is critical, as price action tests a key demand zone that previously triggered significant upside. Related Reading Adding to the bullish sentiment, on-chain data from Santiment reveals that whales have accumulated over 80 million ADA in the past 48 hours. This surge in large-scale buying activity points to growing confidence among big players, potentially setting the stage for a breakout. Whales often lead major market moves, and their renewed interest in Cardano may be signaling a sustained rally ahead. However, the $0.90 level now acts as a near-term resistance, and reclaiming it will be essential to unlock higher targets. The coming days are likely to be pivotal for ADA’s price structure. If bulls manage to flip this level, the next leg up could bring Cardano back into the spotlight—possibly reigniting broader altcoin enthusiasm in the process. Whale Accumulation Signals Strength: Buyers Push For A Breakout Despite this impressive rebound, ADA remains 43% below its December 2024 highs around $1.32. This gap highlights the cautious optimism that dominates the altcoin landscape. While bulls are gradually regaining control, overall market fear and macroeconomic uncertainty continue to pressure altcoins, many of which are still struggling to push…
What's Your Reaction?
