Cardano price is flashing a major signal. There is a fresh round of large-scale exchange withdrawals that suggest that ADA holders are starting to tighten their grip on the token. According to new data from TapTools on X, nearly $1 billion worth of Cardano ($932 million in ADA) has been withdrawn from centralized exchanges since the start of 2025. That’s a big deal.

According to the page, the last time this kind of exchange outflow happened was back in 2021. Back then, it didn’t take long before the ADA price surged all the way up to its all-time high of $3.10. Is history about to repeat itself?

@TapTools / X Cardano Price Analysis: Is a Major Spike Coming?

Right now, the ADA price is trying to stay above a key level around $0.72. After its last major dip, the price started climbing with a clear pattern of higher highs and higher lows. This suggests bullish momentum is slowly returning. More importantly, the price keeps bouncing off a rising trendline, and it’s now heading towards a point where this trendline meets a strong horizontal support zone.

If ADA holds this support level, we could see the Cardano price continue its climb in the short term. But there’s still one big thing standing in the way of a full breakout. Since November, ADA has been trading inside a descending channel. Until the price breaks above this channel, any rally might just be a temporary bounce.

So while things are looking more positive for Cardano, we still need to see a breakout past that downtrend to confirm that the bulls are fully back. A breakout above the channel would be a strong signal, especially if it happens while large holders keep pulling ADA off exchanges.

Read Also: Cardano’s $35M Shock Exit: Could ADA Lead the Next Crypto Surge?

What This Means for ADA Price

This mix of technical signals and on-chain activity is why Cardano is worth paying close attention to. On one hand, we have strong support forming, a bullish price pattern, and big withdrawals from exchanges. On the other hand, the Cardano price is still stuck under resistance, and a breakout hasn’t happened yet.

But if that breakout comes, it could open the door for a fresh rally. Combined with improving fundamentals and community strength, ADA might be getting ready for another run. Whether it hits new highs or not, the next few weeks will be key.

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