Whales Quietly Stockpile 150M ADA as Market Waits for Next Move

Whales have been amassing large positions in Cardano's native token, ADA, with on-chain data indicating the accumulation of approximately 150 million ADA in the past two weeks alone. This activity has occurred as ADA trades in the $0.83–$0.85 range, with market participants observing that whale buying has helped stabilize the token’s short-term support levels. The accumulation is seen as a sign of renewed confidence in Cardano’s long-term roadmap, particularly with upcoming ecosystem developments potentially acting as catalysts for further movement.

According to analysts, this type of "smart money" accumulation is often a precursor to stronger price rallies. The key technical support level for ADA currently stands at around $0.85, while the psychological resistance at $1.00 is seen as a critical threshold for a more substantial move higher. If bulls manage to defend the $0.85 floor and push ADA above $1.00, it could signal a broader bullish phase. However, experts caution that whale accumulation does not automatically guarantee an immediate price surge. Large holders may be building for a variety of strategic reasons, and large wallets can also unwind positions when conditions shift.

Market observers are closely monitoring on-chain metrics for continued concentration of ADA in whale addresses. These metrics, combined with key price levels, will help determine whether the current accumulation phase translates into a sustained breakout or a period of consolidation. For now, the broader market is watching for confirmation that the buying pressure from institutional-sized holders is indicative of a larger trend rather than a temporary defensive move.

Despite the positive whale activity, ADA has been under pressure, slipping from recent August highs and trading at $0.92 as of the latest report. While some analysts suggest that ADA could consolidate between $0.887 and $0.898 in the near term, others remain skeptical of the token's ability to deliver explosive returns in the short term. The token's performance is being weighed down by broader market dynamics, with traders shifting capital toward alternative projects that promise higher upside potential.

One such project, Remittix (RTX), has been highlighted by some analysts as a potential 25x performer by December 2025. Currently priced at $0.0987, RTX has already raised $21.4 million in its presale and is building out a cross-chain DeFi infrastructure targeting the global payments sector. Proponents argue that RTX’s real-world utility, including cross-border transaction capabilities and deflationary token mechanics, positions it as a compelling alternative to ADA and other large-cap cryptocurrencies.

The ongoing accumulation of ADA by whales represents a key development for the token’s near-term outlook. If this trend continues, it could indicate a broader supply squeeze that drives up the token’s value. However, the ultimate success of this rally will depend on a combination of factors, including continued whale activity, retail participation, and broader macroeconomic conditions. Analysts will be watching for sustained buying pressure above key support levels as well as the broader market’s reaction to potential catalysts in the Cardano ecosystem.

Source: [1] Cardano Whales Scoop Up 150M ADA, What Happened? (https://blockchainreporter.net/cardano-whales-scoop-up-150m-ada-what-happened/) [2] Cardano Price Experiences Further Slumps As This New Altcoin May 25x By December (https://www.barchart.com/story/news/34399033/cardano-price-experiences-further-slumps-as-this-new-altcoin-may-25x-by-december)