With 180M ADA Bought by Whales, Cardano’s Futures Volume Simultaneously Hits a $6.96B
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- Whale investors absorbed 180M ADA in 48 hours, signaling growing bullish conviction.
- ADA faces resistance near $0.98, with strong support forming around the $0.80 level.
- Analysts highlight potential breakout path with upside targets at $2.68, $5, and $10.
Cardano (ADA) is seeing a major surge in accumulation from large investors, creating a powerful wave of optimism for its next major move. Whales have absorbed an estimated 180 million ADA tokens in the past 48 hours alone, a clear sign of rising confidence in the asset.
This activity builds on a broader trend, with data showing roughly 150 million ADA, worth around $130 million, accumulated over the last two weeks. This kind of sustained buying pressure from deep-pocketed investors shows they are taking positions ahead of a potential price expansion.
Whales Place a 180M Spot Bet on ADA
According to analyst Ali Martinez, wallets holding between one and ten million ADA have been steadily adding to their positions, a strong signal of institutional and high-net-worth involv…
The post With 180M ADA Bought by Whales, Cardano’s Futures Volume Simultaneously Hits a $6.96B appeared first on Coin Edition.
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