Cardano Whales Accumulate 50M ADA in Just Two Days — Another Rally Cooking?

When whale holdings increase while price declines, strong hands absorb the selling pressure.

Further bullish cues for Cardano come from a set of fresh news updates.

For instance, earlier this week, Coinbase introduced ADA futures trading on March 31, 2025, which could increase liquidity and price discovery.

Additionally, Amina Bank has integrated Cardano staking services, bridging it with traditional finance (TradFi) by allowing clients to earn staking rewards while maintaining full ownership of their ADA. This initiative could boost ADA adoption among mainstream investors.

Cardano Technical Analysis — Support Confluence Predicts $1.65 in Coming Months

ADA continues to trade inside an ascending channel pattern, signaling a broader bullish trend despite recent pullbacks. The cryptocurrency is currently hovering near $0.731, with technical indicators suggesting a potential drop toward the channel’s lower boundary, aligning with the 50-2W exponential moving average (EMA).