Cardano (ADA) whales have accumulated over 120 million tokens in the past 48 hours, marking one of the strongest buying phases this quarter. The sudden accumulation occurred while prices remained relatively stable in the range of $0.61 to $0.72, indicating silent confidence from large holders.
Although there has not yet been a clear breakout, the increased activity of whales suggests that institutions or investors with substantial assets are preparing for a medium-term investment strategy.
Therefore, this move has sparked new interest in whether the current accumulation phase could be an early signal for a larger shift in market trends in the near future.
What is the strategy of the whales based on?
The Taker Buy Dominance ratio is clearly visible in the Futures market, confirming that strong buy orders are leading the trend. The 90-day Cumulative Volume Delta (CVD) remains positive and continues to rise, reflecting sustainable buying pressure in the derivatives market.
This trend aligns perfectly with the recent accumulation by whales, indicating that major players are not only buying but also driving prices through both the spot market and the futures market.