Family, today I'm here to talk to you about the recent fluctuations of ADA (Cardano). It's all valuable information, so listen carefully!

First, let's look at the whale activity. Recently, 70 million ADA, worth about 52 million USD, was transferred from Coinbase to an unknown wallet. This is not a small move and could likely mean that big holders are quietly accumulating chips. When large holders stock up, the ADA available for sale in the market decreases, which naturally reduces selling pressure, and that's good news for price increases! Now, regarding the outflow from exchanges, since early 2025, ADA worth 932 million USD has been withdrawn from exchanges. This resembles the capital outflow pattern before the 2021 bull market, indicating that people are not in a hurry to sell, which suggests a bullish trend in the long run!

From the perspective of on-chain development and governance, the Plutus V3 upgrade is a significant event. It enhances the smart contract capabilities, making the Cardano ecosystem more competitive and attracting more developers and projects. Additionally, the Intersect governance model promotes decentralized governance, allowing more people in the community to participate in improving the ecosystem together. Moreover, the DeFi ecosystem's TVL grew by 241% in 2023, ranking ninth among public chains, indicating that the demand for ADA is solid, and the application scenarios are becoming increasingly rich.

Finally, let me share today's trading guide. You can go long around 0.7400 - 0.7500, with the initial target at 0.7588, and then look further towards 0.76160. If the market performs well in the next couple of days, there is a good chance of breaking through 0.8020. However, the cryptocurrency market is highly volatile, so please be cautious when trading and ensure proper risk management!#ADA