“71% Plunge Is an Opportunity”: Whales Snap Up 800 Million Cardano Tokens

▲ Cardano (ADA)

As Cardano’s price records a historic downturn and fear spreads across the market, large whales have quietly accumulated more than 800 million ADA, igniting hopes of a rebound.

According to cryptocurrency outlet U.Today on February 25, on-chain data confirms that major holders of Cardano (ADA) have engaged in large-scale accumulation amid the price decline. Analysis by on-chain analytics firm IntoTheBlock shows that net inflows among whales holding more than 1 million ADA have surged recently, suggesting that substantial capital is flowing into the market despite the downturn.

Cardano’s price has recently plunged 71% from its peak, leaving investor sentiment severely weakened. As major digital assets, including Bitcoin (BTC), underwent a broad correction, retail investors rushed to sell, while whales seized the opportunity to buy. Over the past week alone, whales accumulated a total of 819 million ADA, forming a strong buying position at lower price levels.

IntoTheBlock’s large holder netflow metric, which calculates the difference between inflows to and outflows from whale wallets, has turned positive. This indicates that significantly more ADA is moving into private whale wallets than to exchanges. Whales are restructuring their portfolios amid market volatility, and such accumulation behavior aligns with the typical pattern seen historically just before Cardano established a bottom and rebounded.

While the broader crypto market undergoes a capitulation phase marked by heavy loss realization, the movements of Cardano whales stand out as unusual. Other data analytics firms, including Santiment, have also noted increasing wallet balances among large investors, suggesting that market control is shifting from retail investors to whales. These major players appear to view current price levels as attractive from a long-term value perspective.

Although Cardano is testing key technical support levels, strong accumulation by whales is offsetting much of the downward pressure. The record-breaking accumulation of 819 million ADA is expected to play a decisive role in improving future supply-demand dynamics, and market participants are closely watching whether this buying activity will translate into a tangible price rebound. Combined with the solid fundamentals of the Cardano ecosystem, the financial strength of whales could usher in a new phase for the asset.

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