ADA Price Recovery After Whale Intervention
Cardano's price is showing signs of recovery after a 20% sell-off, with whale investors buying the dip and traders cautiously turning bullish.
Larger holders accumulated millions of ADA during the downturn, limiting further losses and bringing in early signs of a possible recovery.
- Wallets holding 10M-100M ADA rose sharply between October 10-11.
- Funding rates flipped positive after the crash.
- Short-term RSI was around 45, while the Chaikin Money Flow (CMF) went into positive territory, indicating subtle accumulation.
Whales stepped in, stabilizing the coin around $0.645, beginning a tentative recovery.
Author's summary: ADA's price recovers after whale intervention.