Cardano whales accumulate 10M ADA, boosting bullish sentiment despite stable price range.

Large Cardano holders accumulated over 10 million ADA tokens within 72 hours, signaling strong underlying demand despite stable prices. This accumulation reduced circulating supply and suggested long-term positioning, although the price remained range-bound between $0.2367 and $0.4249. Top traders on Binance showed a strong bullish bias with 68.77% holding long positions, and funding rates turned positive, indicating growing confidence in upside potential. However, weak trend strength and crowded long positions mean a breakout is not yet confirmed, with the market still in consolidation awaiting a decisive move.