Cardano Whales Grab 348M ADA After Price Dips Below $0.50

2 mins mins

Key Insights:

Cardano whales added 348M ADA in 4 days, following the price dip under $0.50.
ADA bounced after testing the FVG zone, with bulls holding above the $0.55 support.
Traders are now watching the $0.62 level, as equal highs may trigger the next breakout.

*Cardano Whales Grab 348M ADA After Price Dips Below $0.50*

Large holders have increased their positions in Cardano after the price fell below $0.50 last week. Data from Santiment shows that wallets holding between 100,000 and 100 million ADA accumulated a total of 348 million ADA over the past four days. This buying accounts for 0.94% of the total supply, estimated at around $204.3 million.

🐳 Cardano's key stakeholders have accumulated big since its drop below $0.50 last week. In the past 4 days alone, whales and sharks have:

📈 Accumulated 348M $ADA ($204.3M)
📈 Accumulated 0.94% of $ADA supply

🔗 Bookmark and track their trends here: https://t.co/doYgcPciuR pic.twitter.com/71s2dIDmPq
— Santiment (@santimentfeed) November 10, 2025

The rise in holdings can be seen in the chart as both the total coin count and the share of supply controlled by these wallets moved higher. The activity follows a period of decline and suggests that key stakeholders have responded to the recent price drop by adding to their positions.

Clean Bounce After Fair Value Gap Test

After a break of structure (BOS), Cardano’s price returned to test a fair value gap (FVG) between $0.5484 and $0.5539. The move was followed by a sharp bounce, and the price is now trading around $0.5898, showing a 2.20% gain in the last 24 hours.

The reaction from the FVG zone marked a shift in short-term momentum. “Price tapped the FVG zone and bounced back fast,” noted BullishBanter. Since then, ADA has held above $0.55, which now acts as a near-term support level.

Traders Eye $0.62 As Next Key Level

With price moving steadily higher, attention is turning to the next resistance zone around $0.62. This area includes equal highs from previous price action, which may attract liquidity and limit upside in the short term.

A move beyond $0.62 would suggest increased buying pressure, while failure to break that level could result in consolidation. For now, the market structure favors buyers as long as the price remains above the $0.55 area.

Market Overview

Cardano was trading at $0.5898, with a 24-hour volume of $778 million. The price is up 4.12% over the past week. The recent whale activity, combined with a bullish chart setup, places ADA in focus as it approaches the next technical resistance.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.