Despite the recent fluctuations in the cryptocurrency market, altcoin Cardano (ADA) It manages to attract attention with the aggressive buying moves of large investors. 0 on Wednesday,ADA, which is around 26 dollars, Although it lost 7% in value in the last week due to global macroeconomic concerns and US tariff developments, On-chain data proves that giant wallets are turning this decline into an opportunity. Huge accumulation of 819 million units in total, While strengthening the asset’s short-term recovery potential, market observers are eagerly waiting to see whether critical resistance points will be overcome.
Whales’ Strategic Move and Supply Concentration
Current data shared by Santiment, It reveals that the major players in the Cardano ecosystem, referred to as “whales” and “sharks”, have been steadily increasing their presence over the last six months. ADA price is 0,0 from $90 highs,In this painful process where it fell to 26 dollars, Wallet holders holding between 100 thousand and 100 million ADA chose to expand their portfolios instead of selling. This group of investors approximately 1% of the total supply,819, corresponding to the 6th,It countered the sales pressure in the market by quietly acquiring 4 million ADA.
This determined attitude of big investors It also significantly changed the balances in the total supply structure of the asset. Six months ago, 66%The supply share of large wallets is 84, 68% with recent purchases,While rising to level 44, The total amount held by this group is 25,It reached the 35 billion coin threshold. The price hovers around multi-month lows, While creating an attractive entry point for these institutional buyers, It is considered the most concrete indicator that trust in the ADA has not been shaken.
Technical Outlook and Critical Threshold at $0.30 Resistance
On technical charts, Cardano is at 0,It seems that it is struggling to maintain the $25 support. While receivers establish a defensive line with average volume at this level, Momentum indicators have not yet confirmed a full return. The slightly negative trend in the MACD indicator and the Chaikin Money Flow (CMF) remaining below zero, Although it indicates that there is still some capital outflow in the market, The gradual improvement in the histogram bars suggests that sellers are starting to get tired.
In order for the rise scenario to come true, ADA must first be set to 0,0 by overcoming the $27 barrier,It needs to test the psychological limit at $28. Ensuring permanence on this region, 0, where the price will encounter more intense resistance,$30 could start its journey. However, as the selling pressure intensified and 0,In case the $25 support is broken, the next stop is 0,The $24 level will become the main zone that will determine the future of the trend. Investors, It is followed closely when this accumulation appetite of big wallets will cause an explosion in the price.
