In the past 48 hours, whales have accumulated 120 million ADA, indicating a strong bullish sentiment and aggressive market behavior among large holders.
Despite the price remaining stable between 0.61 USD and 0.72 USD, Taker Buy dominance and a positive funding rate of 0.0109% signal confidence in Cardano’s potential growth.
Recent data shows a notable spike in short liquidations at 251.21K USD, revealing that many bearish traders have been caught off-guard as ADA experiences upward movement.
Leave a Reply