$ADA Crypto whales dive into Cardano (ADA)
Cardano (ADA) whales have accumulated 110 million dollars in 48 hours, sparking interest among investors at 0.69 dollars. Discover more about this bullish strategy
ADA Accumulation: Preparing to take off?
Cardano whales have recently completed one of the most significant buying phases of this quarter, accumulating over 120 million ADA tokens in just 48 hours. This massive accumulation occurs while the asset's price has remained relatively stable, between $0.61 and $0.72, reflecting strong confidence from large holders.
Is a sustainable rally on the horizon?
Although the price of Cardano is approaching the upper limit of a long-term wedge pattern, accumulation, liquidations, and positive momentum could drive ADA towards a potential bullish breakout. However, caution is advised until this breakout is confirmed.