With 180M ADA Bought by Whales, Cardano’s Futures Volume Simultaneously Hits a $6.96B

Cardano (ADA) is seeing a major surge in accumulation from large investors, creating a powerful wave of optimism for its next major move. Whales have absorbed an estimated 180 million ADA tokens in the past 48 hours alone, a clear sign of rising confidence in the asset.

This activity builds on a broader trend, with data showing roughly 150 million ADA, worth around $130 million, accumulated over the last two weeks. This kind of sustained buying pressure from deep-pocketed investors shows they are taking positions ahead of a potential price expansion.

According to analyst Ali Martinez, wallets holding between one and ten million ADA have been steadily adding to their positions, a strong signal of institutional and high-net-worth involvement. This buying has provided the fuel for ADA’s recent rally and has now set the stage for a major battle.

Cardano Approaches Breakout as the $1 Resistance Faces a Critical Test

This conviction from long-term players is crucial, as it shows that despite short-term volatility, smart money continues to lean bullish on Cardano’s trajectory.

Besides , analysts are pointing to key technical patterns that strengthen ADA’s long-term case. Crypto Patel highlights that ADA is currently testing resistance at $1.16.

Cardano (ADA) Futures Volume Hit a Record $6.96B 5-Month High, as an Analyst Eyed a $1.10 Breakout

This dual-market conviction strengthens the long-term technical case for ADA. Analyst Crypto Patel highlights that if ADA can flip its next resistance at $1.16 into support, the chart could open a clear path toward ambitious targets of $2.68, $5, and eventually $10, supported by a multi-year ascending trendline.

Moreover, ADA’s support zones at $0.73 and $0.51 provide additional downside protection, reinforcing its bullish framework. The market’s current positioning around $0.88 reflects consolidation ahead of a possible breakout, with volume trends showing healthy participation.

Cardano’s market dynamics further support this optimism. ADA at publication , marking a 7.41% increase in the past 24 hours, despite a slight weekly dip of 1.44%. Its circulating supply of 36 billion tokens values the project at nearly $34 billion in market capitalization, keeping it among the largest cryptocurrencies.