{"id":7406,"date":"2025-08-11T10:11:14","date_gmt":"2025-08-11T10:11:14","guid":{"rendered":"https:\/\/bitunikey.com\/news\/cardano-whales-scoop-up-200m-ada-in-48-hours-as-price-echoes-past-bull-run-is-a-breakout-next\/"},"modified":"2025-08-11T10:11:25","modified_gmt":"2025-08-11T10:11:25","slug":"cardano-whales-scoop-up-200m-ada-in-48-hours-as-price-echoes-past-bull-run-is-a-breakout-next","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/cardano-whales-scoop-up-200m-ada-in-48-hours-as-price-echoes-past-bull-run-is-a-breakout-next\/","title":{"rendered":"Cardano whales scoop up 200M ADA in 48 hours as price echoes past bull run \u2014 Is a breakout next?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Cardano traded at $0.8219 at press time, up 1.6% over the past 24 hours and 12% in the last week as whale buying pressure accelerates.<\/p>\n<div id=\"cn-block-summary-block_ddd14ec87258277e704f0c7c25b57a0a\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Whales accumulated over 200M ADA in 48 hours as analyst Ali Martinez sees early signs of a major rally.<\/li>\n<li>Cardano\u2019s ecosystem is boosted by the Midnight Network NIGHT airdrop and Hydra protocol upgrade.<\/li>\n<li>Technicals show strong buy signals with RSI at 63, leaving room for further upside if $0.8332 resistance breaks.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Cardano\u2019s (ADA) 7-day range stands between $0.7134 and $0.8332. Trading volume over the past day hit $1.29 billion, down 3.6%, suggesting a slight cooling of spot activity. While open interest rose 0.42%, CoinGlass\u2019s derivatives <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/ADA\" target=\"_blank\">data<\/a> shows that futures volume dropped 10.22% to $2.25 billion. This indicates that traders might be holding onto positions despite lower turnover.<\/p>\n<h2 class=\"wp-block-heading\">Cardano whale buying and ecosystem catalysts<\/h2>\n<p>On Aug. 11, analyst Ali Martinez <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/ali_charts\/status\/1954784091796058355?s=46&amp;t=nznXkss3debX8JIhNzHmzw\" target=\"_blank\">reported<\/a> that over 200 million ADA had been purchased by whales within 48 hours. In a separate analysis, Martinez indicated that ADA\u2019s price is mirroring its previous market cycle structure, though unfolding at a slower pace. <\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Cardano <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$ADA<\/a> is mirroring the price structure of its last cycle, but unfolding more slowly. It looks like we\u2019re at the very start of an explosive move. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/eCtAkNRPyi\" target=\"_blank\">pic.twitter.com\/eCtAkNRPyi<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/ali_charts\/status\/1954492671730618637?ref_src=twsrc%5Etfw\" target=\"_blank\">August 10, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>According to Martinez, if buying momentum continues, this pattern might position ADA at the \u201cstart of an explosive move,\u201d possibly paving the way for a bigger rally.\u00a0 At the same time, the\u00a0 Cardano ecosystem has seen notable developments.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>On Aug. 5, the Midnight Network launched the NIGHT token airdrop, targeting 30 million wallets across eight blockchains, with 50% reserved for ADA holders. Over 470 million NIGHT tokens have been redeemed, indicating strong community engagement and potentially deepening long-term holder commitment.<\/p>\n<p>Cardano also released an update to its Hydra scaling protocol on Aug. 8, increasing transaction throughput and network efficiency. This move may boost on-chain adoption and activity.<\/p>\n<h2 class=\"wp-block-heading\">Cardano technical analysis<\/h2>\n<p>The overall trend remains bullish, with all of the major moving averages, from the 10-day to the 200-day, indicating a \u201cBuy.\u201d The short-term EMAs (10\u201350) have risen above significant support zones, indicating strong market momentum. Oscillators are largely neutral, and the momentum and MACD indicators are in \u201cBuy\u201d territory.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Cardano daily chart. Credit: crypto.news<\/figcaption><\/figure>\n<p>At 63, the relative strength index is in bullish territory but below the 70-point overbought threshold. This allows for additional price growth before a possible correction.<\/p>\n<p>A break above $0.8332 might pave the way for a move toward $0.88 and, if maintained, $0.92. In a bull market, ecosystem catalysts and whale accumulation might amplify the rally. A retest of the $0.75 support, where demand zones have historically drawn sizable buyers, could occur if the price fails to hold above $0.78.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano traded at $0.8219 at press time, up 1.6% over the past 24 hours and 12% in the last week as whale buying pressure accelerates. Summary Whales accumulated over 200M&hellip;<\/p>\n","protected":false},"author":1,"featured_media":49,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=7406"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7406\/revisions"}],"predecessor-version":[{"id":7407,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7406\/revisions\/7407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/49"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=7406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=7406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=7406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}