The whale transactions that include Cardano (ADA) intensified, with more than 70 million ADA in the past 96 hours. This rise in transportation operations comes widely as ADA is traded by about $ 0.7830 as of February 13, 2025, which reflects a decrease of approximately 20 % compared to the levels of last month.
ADA PRICE, which once rose to approximately $ 3 in 2021, faced prolonged corrections amid market dynamics. Despite the strong Blockchain basics, he struggled with the distinguished symbol to gain great dependence, which contributes to current prices challenges.
The possible effect of the Karshano whale activity
The movement of this large size of ADA suggests the transformation of feelings between senior holders. Although important transportation can indicate accumulation, they may also indicate possible sales, which affects short -term price procedures. Transactions often widely affect liquidity and volatility, raising concerns about more negative pressure or potential accumulation at lower levels.
The whales moved more than 70 million #Cardano $ Ada In the past 96 hours! pic.twitter.com/iwsiwnlmtt
Ali (ali_charts) February 13, 2025
Cardano’s ecosystem, including Hydra, the layer of layer -2, and upgrades to the functions of the smart nodes. These developments aim to improve the efficiency of transactions and network capabilities. However, the latest Blockchain projects like SUI and platforms like DTX Exchange increases competition, which represents a market challenge in the market.
ADA price analysis today
The current price movement of Cardano reflects a struggle to maintain ascending momentum. The 20 % decrease during the past month highlights poor purchase pressure despite the improvements of the ecosystem. The resistance remains near $ 0.80 a critical level, and the failure to restore this area can push Ada towards low support levels.
Although ADA is still among the 10 best encoded currencies depending on the market value, its ability to maintain long -term domination will depend on its ability to adapt to market trends. Thus, the recovery above the level of $ 0.80 is important for successful apostasy.
Also read: Cardano (ADA) seeks a price of $ 1 amid a spray to accumulate whales and parking opportunities for hacking
