Cardano whales bought 130M ADA, fueling a rebound to $0.99 as bullish momentum signals a $1 breakout ahead.
On-chain data showed 70% of ADA holders in profit as whale activity boosts confidence.during a price correction. This accumulation occurred as the price dropped to approximately $0.30, a level that has now strengthened as critical support.
This level of accumulation during downturns often serves as a bullish indicator for retail investors, as large-scale buyers tend to act with a long-term perspective.The $0.30 support level, where accumulation occurred, now appears reinforced, with ADA’s price stabilizing and recovering above $0.35.
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