ADA Whale Accumulation Fuels Bull Market Despite Technical Signals

Big investors are betting big on Cardano (ADA) despite technical signals suggesting a potential price correction. Analysis suggests a clear divergence between expectations and actual market movements, with whale accumulation driving an upward trend, though some cautionary signals point towards potential downward pressure. 83% of ADA holdings by whales are long positions, while short positions remain minimal, reflecting significant leverage on the upside.