Whales Bought 420 Million Cardano After Trump’s U.S. Strategic Crypto Reserve Announcement – Insights
Since last weekend, President Trump announced that the ADA will be part of the strategic crypto protection zone of the United States. The news sparked a wave of buying activity, and as investors reacted to unexpected recognition, Cardano soared.
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However, this excitement was short-lived as Ada dropped more than 35% in the next few days and was delayed by a wider market collapse. The sharp correction has caused traders to question whether Cardano can maintain its momentum or whether it will struggle with the rest of the cryptocurrency market.
Despite a recent pullback, analysts and investors remain bullish, believing that ADA will be beneficial to future returns once market conditions improve. Many hope Cardano will perform running at the next rally, especially considering the strong accumulation trend among the major players.
Santiment’s chain data shows that whales have accumulated more than 420 million ADAs after Trump’s announcement, indicating confidence in the long-term potential of their assets. this Whale activity surges This shows that institutions and high net worth investors will position themselves before the next market transfer.
Cardano prepares for historic rally
Cardano is currently trading below critical liquidity days after a few days of massive volatility, striving to maintain stability as sales pressures intensify. The Bulls tried to restore control, but the entire market remains uncertain, and extreme sales pressures prevented the ADA from taking decisive actions.
Despite the recent decline, analysts are still calling for a breakthrough, although sentiment remains divergent. The broader crypto market is in a state of uncertainty and investors are cautious about the next major move. Traders are still on the edge until Cardano can build strong support and break through key resistance.
However, data on the chain suggests that optimism among major investors is increasing. Ali Martinez shared santiment data on xIt was revealed that whales accumulated more than 420 million ADAs after President Trump announced the U.S. strategic crypto protection zone. This shows confidence among high net worth investors with long-term value in Cardano despite short-term volatility.
It is worth noting that the accumulation trend of this whales has been ongoing since the end of 2024, and whenever the price drops, large holders buy ADA. This shows that the whale strategically positioned its own future price action, expecting Cardano to perform well in the next market cycle.
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As market volatility intensifies, the next few weeks will be crucial. If the Bulls can recoup critical levels, the ADA may see a strong recovery. However, failure to carry out current support could lead to further downward pressure, which is consistent with the broader market struggle. Now, investors are watching closely whether Cardano can withstand the turmoil and prepare for the next big move.
Price test key resistance levels
Cardano (ADA) is currently trading at $0.95, soaring from $0.65 to $1.17, and then dropping to $0.75 before rebounding to current levels. This extreme volatility puts traders on the edge as ADA strives to establish clear trends.
To regain control of the bulls, it is crucial to regain control with faith to regain the $1 mark. A decisive breakthrough above this psychological level could mark a major rally that could push the ADA higher than a multi-year high of $1.30. Such a move will strengthen bullish momentum and lay the foundation for further price raising in the coming weeks.
However, holding the above $0.75 is still essential to prevent further downward pressure. This level has acted as a critical requirement zone, supporting ADA with multiple echoes. Segments below $0.75 may trigger new sales pressure, extending losses and delaying any potential recovery.
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As market volatility remains high, traders are looking at whether ADA can keep its ground and improve its position. If the Bulls manage to put $1 in support, the next one will be quickly coming soon. Otherwise, continued mergers within this scope may extend uncertainty ahead of the next major action.
