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ZyCrypto 2025-06-02 19:05:17

Cardano Whales Strike Big: $126M Weekly Buying Spree as ADA Bulls Eye $2.91 Moonshot

Cardano Whales Strike Big: $126M Weekly Buying Spree as ADA Bulls Eye $2.91 Moonshot

Despite slightly dropping below the psychological price of $0.70, Cardano (ADA) continues to traverse a strong demand zone. According to market analyst Lingrid, “ADA is testing a key support cluster with confluence from trendline and range lows. A rebound here could send the price toward the $0.84 target zone overhead.” Source: Lingrid Crypto analyst Javon Marks also painted a bullish picture of Cardano, stipulating that the tenth-largest cryptocurrency based on market capitalization was eyeing a major breakout, which could trigger a monumental bullish move towards $2.91. Source: Javon Marks At the time of this writing, Cardano was hovering around the $0.6814 zone per CoinGecko data. Cardano Whales Continue Calling the Shots Renowned market analyst Ali Martinez recently disclosed that whales had made a weekly purchase of more than 180 million ADA, worth a whopping $126 million. Source: Santiment Therefore, this shows that large investors continuously accumulate Cardano tokens, illustrating growing confidence in the network’s long-term prospects. Furthermore, it illustrates market stability because large holders can stabilize prices by absorbing sell pressure. Meanwhile, Japanese interest in Cardano has been going through the roof , given that the ADA/JPY pairs have hit global highs. This development suggested increased demand for the ADA altcoin among Japanese traders and investors. Interestingly, it comes as the global cryptocurrency market prepares for the highly anticipated altcoin season.

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Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine