Cardano (ADA) experienced a price pullback after reaching $1.33, prompting profit-taking by investors.
Despite the price dip, Cardano whales have taken advantage and accumulated 160 million ADA.
The accumulation of ADA by whales reflects growing confidence in the Cardano ecosystem, as evidenced by increased liquidity, active daily traders, and rising TVL.
The accumulation of ADA at around $0.90 suggests a potential price rebound.