Cardano Sees Big Whale Investment, Potential Breakout Near $1 Barrier

Cardano (ADA) has experienced a significant surge in price following a wave of buying from large investors and spot market activity. Data reveals that whales have been accumulating ADA, investing over $166 million in the past few days alone. This buying has fueled gains in the cryptocurrency, but derivatives markets are showing signs of potential divergence, which could impact Cardano’s short-term rally.