Cardano (ADA) large holders have increased positions by more than $630M amid hopes for a market rebound, pushing whale balances to a five‑month high. The move comes as on‑chain accumulation contrasts with persistent retail selling and notable short‑term price pressure, framing a high‑conviction bet on Cardano’s medium‑term recovery.
Data from on‑chain trackers and market reports show concentrated buying by large ADA holders, with inflows totaling in excess of $630M and holdings rising to a five‑month peak, according to onesafe.io (Jul 20, 2025) and a feature analysis on ainvest (Oct 27, 2025). Those reports note that some large wallets increased allocations by up to 3% over the past two months.
Traders interpret the pattern as strategic re‑accumulation near defined support levels; analysts quoted in the coverage point to a short‑term upside target near $1.09 and longer‑term scenarios in the $5–$10 range.
On‑chain activity is complemented by developer and ecosystem metrics cited in the same reports, which highlight increasing developer engagement and the approaching ‘Midnight’ launch as positive fundamental signals. Total value locked (TVL) — a measure of assets committed to smart contracts — is referenced in Cardano’s longer roadmap, including a Vision 2030 goal of a $5 target per ADA and TVL above $3B, underscoring the narrative driving whale positioning.
Cardano (ADA) whale accumulation and on‑chain signals
The accumulation by whales has not been unopposed. Reports document a major sell‑off that included a dump of more than 350M ADA and additional outflows exceeding 4M ADA, exerting downward pressure on price. Current trading ranges cited in the coverage put ADA between $0.35 and $0.46, with technical support near $0.3775 and resistance around $0.70. These levels define the immediate battleground for momentum and liquidity.
Operational and execution risks were also noted: a high‑profile $6M ‘fat‑finger’ trade that routed ADA into an illiquid stablecoin swap exemplifies the execution risk present among large traders. Macro headwinds referenced in the reporting — including broader market volatility and geopolitical or fiscal stressors — compound short‑term uncertainty. The divergence between whale accumulation and retail outflows raises the possibility of a liquidity trap if selling pressure persists, a scenario some analysts warned could produce steep downside.
For traders and treasuries, the snapshot implies asymmetric scenarios: concentrated whale buying can precede a sustained rebound but also concentrates risk if liquidity thins and retail capitulation accelerates. Short‑term traders should monitor the cited support and resistance bands and reported on‑chain flows; institutional treasuries may treat current accumulation as a tactical allocation decision tied to longer‑term roadmap milestones.
Large ADA holders have clearly increased exposure — over $630M — betting on a rebound backed by ecosystem development and roadmap targets. The near‑term outcome will hinge on whether buying concentration can offset recent outsized sell‑offs and sustain momentum above the cited resistance.
