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06/12 01:24

Cardano whales go all-in with 120 mln ADA scooped

Cardano whales go all-in with 120 mln ADA scooped up: Will this spark a rally?

Whale accumulation triggers a wave of bullish sentiment, short liquidations, and retail confidence
  • Whales accumulated 120M ADA as Taker Buy dominance and Funding Rates turned bullish.
  • Liquidations spiked and retail longs surged, amplifying the impact of accumulation.
  • whales have accumulated over 120 million tokens in the past 48 hours, marking one of the most aggressive buying phases this quarter. 

    This sudden accumulation spree comes at a time when Cardano’s price has remained relatively stable between $0.61 and $0.72, signaling quiet confidence from large holders. 

    Despite the lack of a major price breakout, the uptick in whale activity suggests that institutions or high-net-worth investors may be preparing for a strategic mid-term play. 

  • Therefore, this move has sparked fresh interest in whether accumulation could front-run a broader shift in market dynamics.1749691376022.png


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