Cardano Whales Accumulate as ADA Hits $0.9
The post Cardano Whales Accumulate as ADA Hits $0.9 appeared on BitcoinEthereumNews.com.
Key Notes Market analyst Ali Martinez reports whales have accumulated 150 million Cardano. ADA is on the verge of pushing for a new local high with an immediate $3 target in view. Currently, the coin is trading at $0.8401 in line with the bearish market trend. Popular crypto analyst Ali Martinez has reported the accumulation of 150 million Cardano ADA $0.84 24h volatility: 3.7% Market cap: $30.59 B Vol. 24h: $1.28 B coins by market whales. They accumulated this 150 million ADA position within just two weeks, during a period when the coin was showing signs of a price rebound. ADA Gets the Attention of Institutional Investors The X post by Ali on ADA accumulation has sparked reactions from the broader crypto community, with many speculating whether a “big move” is looming. 150 million Cardano $ADA accumulated by whales in the last 2 weeks! pic.twitter.com/Wf8eBkOmPH — Ali (@ali_charts) August 22, 2025 Some enthusiasts suspect that these whales are loading up ahead of a potential pump. Some analysts predict that ADA is on the verge of reaching a new all-time high, with a potential target of $3. At the time of writing, ADA is trading at $0.8401, down 3.77% over the past 24 hours and 11.24% over the last week. This decline has caused it to underperform relative to Bitcoin BTC $113 115 24h volatility: 0.3% Market cap: $2.24 T Vol. 24h: $36.04 B and Ethereum ETH $4 365 24h volatility: 2.0% Market cap: $517.79 B Vol. 24h: $32.16 B . Previously, ADA held firm around $0.88, maintaining key support at $0.85, while bulls are targeting a potential $1 breakout. According to analysts, the critical support zone near $0.84 to $0.85 is crucial as it could go a long way in determining the next major move of ADA price. Even with…
Filed under: News - @ August 22, 2025 2:30 pm