Cardano, Is It Finally Set to Rise? Impact of Whales Accumulating 800 Million Tokens

▲ Cardano (ADA)

Large investors in Cardano (ADA) have recently launched a massive accumulation campaign despite the ongoing price stagnation, creating signs that suggest a strong potential rebound ahead.

According to cryptocurrency media outlet NewsBTC on February 26 (local time), on-chain data analytics firm Santiment reported that Cardano’s large holders, known as sharks and whales, have been aggressively accumulating. Over the past month alone, they have added a staggering 819 million ADA to their wallets, drawing significant market attention. Such large-scale accumulation during a period of sideways price movement is typically interpreted as a signal that major players are completing bottom-fishing and preparing for a bullish rally.

The accumulation is being led by the so-called shark group, which holds between 1 million and 10 million ADA. Unshaken by short-term market noise and price volatility, they have steadily increased their holdings, signaling strong confidence in the Cardano ecosystem. Data shows that their ownership share is nearing an all-time high, indicating that a substantial portion of the circulating supply is shifting into the hands of large investors with a long-term holding strategy.

Although Cardano’s price has recently struggled near the key $1 resistance level, the accumulation momentum among large investors has intensified. As retail investors offloaded holdings amid macroeconomic uncertainty, whales absorbed the supply, effectively lowering their average purchase price. Analysts note that if this influx of large capital continues, selling pressure could sharply decline, potentially triggering a supply squeeze in which even minor positive news drives explosive price gains.

Cardano is also at a critical technical inflection point. Santiment’s report highlighted that in the past, increases in shark and whale wallet balances were followed by meaningful upward price movements in ADA. The recent accumulation of 819 million ADA is comparable to levels observed just before last year’s year-end rally. The capital inflow from large investors reflects not mere speculation but mid- to long-term expectations regarding network upgrades and ecosystem expansion.

This large-scale accumulation of Cardano could also contribute to improved supply-demand dynamics across the broader altcoin market. As Bitcoin (BTC) demonstrates downside resilience, whale capital appears to be rotating into major altcoins, including Cardano. Market participants are closely watching whether ADA can break out of its prolonged consolidation range and enter a new price zone once the aggressive accumulation phase concludes.

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