Deep-Pocketed Cardano Whales Grab 348M ADA as Price Drops Below $0.6

TLDR

• Cardano whales and sharks accumulated 348 million ADA tokens between November 7-10.
• These deep-pocketed investors took advantage of ADA’s price dip below $0.5.
• The 348 million ADA tokens purchased were worth over $204 million at the time.
• The Cardano network continues its progress toward global adoption, driving investor confidence.
• Despite a 35% decline in ADA’s price over the past two months, whale activity remains strong.

Cardano whales and sharks have accumulated 348 million ADA tokens in just four days. This comes after ADA’s price dropped below $0.5 last week. The accumulation shows strong interest from deep-pocketed investors despite the ongoing market downturn.

Cardano Whales Capitalize on Price Dip

Between November 7-10, Cardano whales and sharks added 348 million ADA tokens to their portfolios. These investors, holding between 100,000 and 100 million ADA, are capitalizing on the dip in price. At the time, the total value of the tokens surpassed $204 million.

Cardano whales have been particularly active in acquiring ADA. They typically hold between 1 million and 100 million tokens. The latest data from Santiment reveals that these key holders took advantage of the market downturn to increase their stake.

ADA’s Market Performance and Whale Activity

As of November 2025, Cardano’s circulating supply stands at 36.6 billion tokens. Despite ADA’s price falling by 35% over the past two months, whales and sharks have continued to buy more. This behavior reflects the strong confidence from these investors in Cardano’s long-term prospects.

The Cardano network has been progressing steadily, with the Cardano Foundation focusing on global adoption. Investors seem to be optimistic about the roadmap’s potential to drive long-term value for ADA. Despite the overall market correction, Cardano whales and sharks are accumulating ADA at a rapid pace.

The price of ADA recently rebounded after hitting a support level around $0.5. It is currently trading at $0.582, showing some signs of recovery. If the accumulation trend continues, ADA might see further price increases in the near future.

Cardano whales and sharks have made clear their intentions to hold more ADA tokens. Their latest moves indicate that they are positioning themselves for potential price rallies. Despite the market-wide correction, the accumulation activity could set the stage for future price growth.

In the coming weeks, ADA’s price could test resistance levels above $0.6. Analysts are hopeful that continued whale accumulation could push ADA even higher, with some predicting a potential rally towards $3.

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