- Whales accumulated 120M ADA as Taker Buy dominance and Funding Rates turned bullish.
- Liquidations spiked and retail longs surged, amplifying the impact of accumulation.
Cardano [ADA] whales have accumulated over 120 million tokens in the past 48 hours, marking one of the most aggressive buying phases this quarter.
This sudden accumulation spree comes at a time when Cardano’s price has remained relatively stable between $0.61 and $0.72, signaling quiet confidence from large holders.
Despite the lack of a major price breakout, the uptick in whale activity suggests that institutions or high-net-worth investors may be preparing for a strategic mid-term play.
Therefore, this move has sparked fresh interest in whether accumulation could front-run a broader shift in market dynamics.
What’s backing the whales’ strategy?
Taker Buy Dominance has emerged strongly in the Futures market, confirming that aggressive market buys are leading the trend.
The 90-day CVD remains positive and continues to rise, reflecting sustained bullish pressure across derivatives.
This trend aligns perfectly with the timing of the recent whale accumulation, suggesting that these large players are not only buying but also driving price through spot and futures markets.
Source: CryptoQuant
The OI-Weighted Funding Rate for ADA turned positive, registering at +0.0109% at the time of writing. This shift reflects a notable tilt in sentiment, as long traders are now willing to pay to hold their positions.
Funding Rates serve as a real-time proxy for leverage sentiment, and this change implies growing confidence in ADA’s upside potential.
Are bears getting squeezed?
Liquidation data shows a sharp spike in short liquidations, totaling $251.21K, compared to only $8.94K in longs.
This sudden imbalance suggests that many traders betting against ADA were caught off guard by the recent upward move fueled by whale inflows.
As prices nudged higher, stop-loss triggers on short positions likely caused cascading liquidations, amplifying the price action.
Thus, the data confirms that whale accumulation didn’t just boost sentiment—it materially impacted market structure by forcing bearish traders to unwind.
Source: CoinGlass
Can Cardano break free from its wedge pattern?
Cardano’s price hovered near $0.7242 at press time, pressing against the upper boundary of a long-term falling wedge pattern.
Despite multiple previous rejections near this trendline, the combination of accumulation, liquidations, and momentum has pushed ADA into a possible breakout zone.
MACD shows early signs of recovery, and if price maintains this momentum, the $0.8446 resistance could soon come into play.
However, the wedge pattern remains valid until a confirmed breakout occurs, so traders must still proceed with caution.
Source: Trading View
ADA: Sustainable momentum ahead?
ADA’s recent 120 million token accumulation by whales is not occurring in isolation. It aligns with Taker Buy dominance, positive Funding Rates, and growing retail confidence.
The surge in short liquidations confirms that this accumulation phase is already impacting price structure. However, ADA must maintain momentum and push past key resistance to confirm trend continuation.
If accumulation persists and momentum builds, this coordinated activity could lay the groundwork for a stronger and more sustained rally.
