Cardano ADA Surges 10.87% on Rising Open Interest and Whale Accumulation

Generated by AI AgentCoin World
Tuesday, Aug 12, 2025 5:11 am ET1min read
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Aime RobotAime Summary

- Cardano (ADA) open interest surged to $1.44B, a 20% weekly increase, signaling fresh capital inflows and bullish sentiment.

- Whale investors accumulated 200M ADA tokens in 48 hours, with analyst Ali Martinez noting slower but structurally similar accumulation patterns to past cycles.

- ADA price rose 10.87% to $0.82, supported by RSI (61) and MACD bullish crossovers, with $0.84 as the next key resistance level.

- Positive funding rate inversion favors long positions, historically preceding price advances, though a failed $0.84 breakout risks a pullback to $0.77.

Cardano (ADA) has drawn renewed attention from bullish market participants as the cryptocurrency’s open interest surged to $1.44 billion on August 11, 2025, a multi-week high and a 20% increase from $1.20 billion on August 3 [1]. This rise in open interest suggests that fresh capital is flowing into

ADA
positions, signaling growing optimism among traders.

The surge in interest coincides with strong accumulation activity, as whale investors have reportedly purchased over 200 million ADA tokens in the past 48 hours. Analyst Ali Martinez noted that the accumulation pattern mirrors past cycles but at a slower pace, which could foreshadow a significant price surge [2]. Martinez previously commented on the structural similarities, highlighting that the current market setup may lead to an “explosive move” [2].

On the technical front, ADA’s price has climbed above $0.82, with a 10.87% gain over the last four days. The price initially found support at $0.70 on August 3 and has since risen more than 15%. The next critical resistance level is $0.84, and a successful daily close above this level could trigger a rally toward the July 21 high of $0.93 [3]. Momentum indicators also support the bullish case: the RSI is currently at 61, above the neutral 50 level, and the MACD has produced a bullish crossover, both commonly observed at the start of upward trends [3].

Funding rates for ADA derivatives have also shifted in favor of long positions. The positive inversion in the funding rate suggests that long traders are paying short traders, a typical sign of bullish market sentiment [2]. Historically, such shifts have been followed by strong price advances, adding to the case for a continuation of the current uptrend.

However, a failed breakout above $0.84 could result in a pullback to the 61.8% Fibonacci retracement level at $0.77. This level will serve as a key support to monitor in the near term [4]. Despite this potential, the overall market dynamics—including rising open interest, whale accumulation, and favorable technical indicators—paint a strong case for a sustained move higher.

With ADA bulls targeting a key breakout, the cryptocurrency appears poised to test its next major resistance level, with the broader market watching for confirmation of a more sustained bullish trend.

Source:

[1] https://www.fxstreet.com/cryptocurrencies/news/cardano-price-forecast-ada-bulls-eye-next-leg-higher-as-open-interest-climbs-to-144-billion-202508110508

[2] https://cryptorank.io/news/feed/e6cad-cardano-ada-riding-bullish-wave-as-derivatives-data-signals-more-upside

[3] https://www.mitrade.com/insights/news/live-news/article-3-1029809-20250812

[4] https://www.fxstreet.com/cryptocurrencies/news/cryptocurrencies-price-prediction-cardano-bitcoin-ethena-asian-wrap-11-august-202508110529