Cardano's ecosystem is in sharp decline, with DeFi value locked down 87% from its peak and network activity collapsing. Despite this, large Cardano holders (whales) began buying ADA near $0.16, a five-year low, even as a scandal involving missing Bitcoin from the foundation surfaced. Derivatives data show big traders are mostly short while retail investors are heavily long, setting up a possible short squeeze. The buying by whales likely aims to create exit liquidity, allowing them to sell into a retail-driven price bounce rather than signaling a genuine recovery. Without sustained whale accumulation or a rebound in fundamentals, the current buying appears strategic rather than optimistic.
Ethereum has strengthened its position as the top staking network with a 12.13% weekly increase in staked market cap, reaching $78.08 billion. This growth highlights a shift of investor interest back to large-cap, liquid networks despite mixed result...
With Bitcoin down over 50% from its peak and market sentiment in extreme fear, an analyst highlights Cardano as a safer crypto option due to its balanced mix of security, decentralization, and steady development. Unlike other chains chasing trends, C...
Cardano wallets holding between 100,000 and 100 million ADA have increased their holdings to over 25.6 billion coins, the highest since early 2023. This accumulation happened over four months while ADA traded near multi-year lows, indicating large in...
Cardano has ratified the van Rossem hard fork, scheduled for July 18, marking the first upgrade fully driven by its decentralized on-chain governance. This upgrade advances Cardano to Protocol Version 11, introducing cheaper smart contract execution ...
Large Cardano wallets holding between 100,000 and 100 million ADA have accumulated 320 million tokens since early July, reaching their highest holdings since February 2023. Meanwhile, retail investors have reduced their ADA exposure amid the token's ...
