Whale activity on Cardano surged with 687 transactions over $1 million in 24 hours, indicating institutional interest.Recent data reveals a significant influx of institutional capital into the Cardano ecosystem.Despite bearish sentiment, ADA's price resilience suggests a contrarian buying opportunity with long-term bullish potential.ADA is currently priced at $1.07, holding above key EMAs, with resistance at $1.20 and support at $1.00.