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Over 120 Million Cardano (ADA) in Two Weeks. Here’s What Happened

Cardano (ADA) is back in the spotlight after prominent crypto analyst Ali reported a massive accumulation by whales—wallets holding large amounts of cryptocurrency, who have collectively acquired more than 120 million ADA in just the past two weeks.  The development, shared via Ali’s post on X, signals a significant shift in investor sentiment, with large […]

Over 120 Million Cardano (ADA) in Two Weeks. Here’s What Happened

Cardano (ADA) is back in the spotlight after prominent crypto analyst Ali reported a massive accumulation by whales—wallets holding large amounts of cryptocurrency, who have collectively acquired more than 120 million ADA in just the past two weeks. 

The development, shared via Ali’s post on X, signals a significant shift in investor sentiment, with large players positioning themselves for what could be a strong upward move.

Whale Accumulation Signals Renewed Confidence

According to Ali’s analysis, this recent buying spree adds to a broader pattern of strategic accumulation by high-net-worth holders. The data shows that these investors are not just buying dips but actively consolidating their positions even amid current price consolidation. 

Whales bought over 120 million Cardano $ADA in the last two weeks! pic.twitter.com/HOjvzB6fqd

— Ali (@ali_charts) July 8, 2025

This behavior suggests a growing confidence in ADA’s long-term value proposition, as whales typically accumulate when they anticipate future price appreciation.

On-chain analytics platforms, including IntoTheBlock, confirmed Ali’s findings. Wallets holding between 1 million and 10 million ADA have shown a marked increase in holdings since late June. This spike in accumulation corresponds with a sharp decline in ADA held on exchanges, indicating that whales are moving their tokens into long-term cold storage, another bullish signal.

Technical Setup Points to Impending Breakout

From a technical standpoint, ADA is currently trading in a tight range between $0.66 and $0.74, with $0.70 serving as a critical resistance level. Analysts note that this zone has capped several recent rally attempts, making it a key area to watch. A decisive breakout above this level could open the door for a move toward $0.83 and potentially $0.91, levels that align with historical Fibonacci retracement targets.

The Relative Strength Index (RSI) remains neutral but has shown bullish divergence on lower timeframes, while rising volume and positive funding rates suggest growing market interest. If price action is confirmed by strong on-chain flows, ADA may soon escape the sideways trend it has followed for much of Q2.

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— TimesTabloid (@TimesTabloid1) July 15, 2023

Ecosystem Growth May Be Driving Demand

Beyond technicals, Cardano’s growing ecosystem is another factor attracting whale attention. Developments like Cardinal, which aims to bring Bitcoin liquidity into Cardano’s DeFi ecosystem, have strengthened the blockchain’s appeal. Additionally, the rising Total Value Locked (TVL) on Cardano-based platforms, now hovering near all-time highs, demonstrates increasing user and developer engagement.

There is also growing optimism around the potential for a Cardano Spot ETF soon, especially in the wake of multiple Bitcoin and Ethereum ETF approvals in global markets. Bloomberg analysts have suggested ADA could be among the next wave of crypto assets to gain institutional product access, which may explain the strategic positioning by whales.

Outlook: A Pivotal Moment for ADA

While Cardano still faces strong resistance at key price levels, the scale of recent whale accumulation cannot be ignored. Ali’s observation is backed by clear on-chain evidence, and if market momentum aligns with the current buying trend, ADA could be poised for a meaningful breakout in the weeks ahead.

Investors should keep a close eye on whether ADA can hold above $0.70 and whether whale activity continues at this scale. If both conditions hold, Cardano may be entering a new phase of its market cycle, one marked by institutional accumulation and broader price expansion.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Zaccheaus Ogunjobi

Zaccheaus Ogunjobi

I am a passionate and experienced writer with a strong focus on cryptocurrency and the financial landscape. With a keen eye for market trends and emerging financial technologies, I strive to deliver insightful, well-researched content that educates and informs. Whether breaking down complex financial concepts or analyzing the latest market movements, my goal is to make finance accessible and engaging for a wide audience.

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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