- ADA Whales Scoop Up 180M – Cardano Price Set for a Repeat 4,000% Rally?Whale accumulation of 180M ADA signals renewed confidence, potentially setting the stage for a price movement.
- Inflows surge during ADA price rallies, while outflows spike during dips, reflecting market indecision and investor sentiment.
Whale activity in the Cardano (ADA) market has surged recently, with large investors purchasing over 180 million ADA tokens in just a week. This accumulation comes as ADA’s price dropped by 2.73%, now standing at $0.7195. The increase in whale activity has raised questions about whether ADA is set for another rally, similar to its previous 4,000% surge.
According to data from Santiment, wallets holding between 1 million and 10 million ADA have increased their holdings. Over the past week, these whales have added 180 million ADA to their wallets, showing renewed confidence despite ADA’s price dip. Whale accumulation usually leads to price stabilization and, in some cases, price increases as the circulating supply of ADA decreases.
Whales bought over 180 million #Cardano $ADA in the past week! pic.twitter.com/H5blOnqL5w
— Ali (@ali_charts) March 10, 2025
This increase in whale activity coincides with increased market volatility. ADA’s price fluctuated in early 2025, dipping below $0.70 before recovering to $0.7195 on March 11. The increased trading volume, up by 16.31% over the past day, signals growing interest from investors, even as the price remains under pressure.
This is further displayed in the volume-to-market-cap ratio, which currently stands at 8.12%. While the trading volume has increased, it remains small compared to ADA’s market capitalization, showing that the market is still reacting cautiously to price fluctuations.
Inflows and Outflows: Key Indicators of Market Sentiment
The inflow and outflow data provide major insights into market sentiment and investor behavior. As ADA’s price fluctuated, capital inflows surged during price rallies. Green bars on the chart indicate increased inflows, suggesting a rise in investor confidence as the price began to rise. However, when the price dropped, outflows spiked, as shown by the red bars, pointing to a rush to exit the market as sentiment turned negative.
This pattern of inflows and outflows, observed between November and December 2024, reflects the market’s reactive nature. Inflows often increase when prices rise, while outflows spike during price drops, signaling market indecision.
Support and Resistance Levels: Analyzing Price Movement
Market analysts closely monitor major support and resistance levels to gauge ADA’s future price movement. Despite the large-scale accumulation, retail traders are cautious, as historical data shows that whale activity does not always result in immediate price surges. However, past patterns suggest that ADA could prepare for another breakout if support levels are steady.
Crypto analysts have observed that ADA’s price has followed a similar pattern to its previous market cycle. In the past, ADA retraced 52% from its high before entering an 11-week consolidation phase. This consolidation allowed for accumulation before a breakout. Given that the price is currently moving near support levels, it is possible that ADA could be setting the stage for another price movement.
Last cycle, after setting a new cycle high, Cardano retraced 52% and spent 11 weeks moving sideways.
Right now, $ADA is down 47% from this cycle’s high and entering its 5th week of sideways action.$ADA found support in this area last cycle and rallied 4,000% from here. pic.twitter.com/8Oa1YMnBPj
— Eilert (@Eilert) March 10, 2025
Historical Context: A Repeat of Past Price Surges?
The current market behavior of ADA, as reported by ETHNews, with whale accumulation and fluctuating price movements, mirrors patterns seen in earlier market cycles. In the past, ADA has experienced retracements followed by periods of consolidation, which led to price increases.
While no trend guarantees future results, historical data shows that accumulation often leads to major price movements. As the ADA market adapts, many are watching for signs of another 4,000% rally, similar to the previous market cycle.