Cardano whales pour 140 million USD into ADA as buy signal emerges

Whales collectively holding 10 million to 100 million ADA have purchased 140 million USD of the cryptocurrency recently. MVRV ratios suggest ADA is currently undervalued, attracting investors looking for profitable opportunities.

As of January 24, 2025, ADA is trading at 0.99 USD. A breach of the 1.02 USD resistance could lead to a rally towards 1.08 USD, while 0.96 USD serves as critical support to monitor.

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