Cardano Under Pressure—but  Massive Whale Buy Puts ADA in the Hot Seat ⋆ ZyCrypto

According to market analyst HolderStat, Cardano (ADA) is deepening its breakdown and testing key short-term support, with bearish structure still controlling price action, even as early signs of underlying accumulation begin to emerge.

ADA is trading near $0.312, continuing to slide within a well-defined descending channel after breaking below the former range high at $0.33. That breakdown accelerated downside pressure toward the $0.30 psychological level, where price recently bounced off the channel’s lower boundary.

While this move sparked a short-term relief bounce, it lacks confirmation of a trend reversal. Momentum remains weak, and strong resistance at the channel’s upper boundary maintains a broadly bearish, corrective bias.

Cardano Whales Accumulate $161M Amid Retail Capitulation, Setting Stage for Potential Trend Shift

On-chain data paints a more nuanced picture. Santiment reports that “smart money” wallets have been quietly accumulating ADA amid price suppression.

Over the past two months, addresses holding between 100,000 and 100 million ADA have added roughly 454.7 million ADA, valued at $161.4 million at current prices.

In contrast, smaller holders appear to be capitulating, with wallets holding 100 ADA or less selling about 22,000 ADA in the past three weeks, a classic divergence that often emerges during corrective phases.

Diverging activity between large and small holders suggests growing long-term confidence among institutional and high-net-worth participants, despite short-term price pressure. Historically, such accumulation during downtrends often precedes stabilization or trend reversals, though timing remains uncertain.

Fundamentally, Cardano gains momentum as founder Charles Hoskinson visits Japan for strategic discussions amid ongoing regulatory focus, particularly the Clarity Act. Meanwhile, Cardano’s integration of USDCx strengthens its stablecoin infrastructure, potentially boosting on-chain utility and liquidity.

Therefore, Cardano is at a critical technical inflection point. Short-term price action remains bearish, but rising whale accumulation and ecosystem developments signal potential for a major move. Therefore, key support levels should be watched, whereas on-chain flows and upcoming regulatory or adoption catalysts could drive ADA’s next breakout.