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TronWeekly

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Cardano Whale Activity Soars: $1M Transactions Signal Bullish Revival

  • 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.

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