Cardano Price Leads Weekly Crypto Gains as Whales Hold 14.5B ADA
Key Insights:
- Cardano price gained nearly 12% as whales accumulated 240 million ADA.
- Rising futures activity supports a breakout in ADA price above the $0.181 level.
- Holding $0.181 could keep the next resistance target near $0.20 active.
The Cardano price strengthened this week after large holders added more than 240 million ADA in five days. The buying pushed whale holdings near 14.5 billion ADA, according to Santiment data shared by market analyst Ali Martinez. ADA price also moved sharply higher, rising nearly 12% over seven days and reaching its strongest level in about one month.
At press time, ADA traded near $0.1801 after briefly approaching the $0.19 area. The token also gained 1.84% over 24 hours, while spot trading volume climbed 43.03% to $614.05 million. That rise in activity showed stronger market participation during the recovery.
Cardano now ranks among the largest digital assets by market value. Its market cap stood n
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