On February 2, 2026, Cardano dropped 6% to test support at 0.267 USD before recovering to 0.28 USD. Open Interest remains high at 840 million USD, highlighting strong trader interest despite price volatility.
Whale activity has increased with Cardano’s price dips, indicating a strategy of buying on the lows. If Cardano can sustain support at 0.267 USD, it may trigger a rebound towards 0.32 USD.
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