Cardano Whales are Trying to Rescue ADA Price

Cardano has shown early signs of stabilization after weeks of pressure. The ADA price is attempting a bounce from recent lows, and market data suggests the recovery is being supported by two investor groups: large holders and long-term investors. Their activity is shaping short-term sentiment around the altcoin.

On-chain data shows addresses holding between 10 million and 100 million ADA have accumulated heavily in recent days, adding more than 220 million ADA, valued at over $61 million at the time of writing. Such accumulation during price weakness often reflects strategic positioning; whales likely took advantage of discounted prices.

Large-scale accumulation can also reduce circulating supply, which may support price stability in the near term. The Mean Coin Age metric has been steadily increasing, placing the indicator at a three-month high. This rise suggests long-term holders are opting to HODL rather than liquidate positions.

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