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410 Million ADA Bought by Cardano Whales — Is $1 ADA Price Within Reach?

  • Cardano whales accumulated over 410 million ADA in April, suggesting a push towards $1 as price nears $0.68.
  • Whale wallets in the 10M–100M tier bought approximately $289 million worth of ADA, with technical indicators showing mixed signals.
  • Large ADA investors view current prices as attractive entry points, anticipating strong price moves.
  • ADA faces key resistance at $0.75 and a long-term ceiling at the 200-day moving average of $0.77, with potential for breakout if critical barriers are cleared.

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