🚀 Cardano: whales are buying the dip!

While fear prevails in the market, big players act according to the classic saying: 'buy when others are fearful.' According to analyst Ali Martinez, in just the last three weeks, whales have accumulated over 210 million $ADA .

All this volume was being bought up right during the price drop, not after the bounce. While ADA holds around $0.35, coins are being massively withdrawn from exchanges to cold wallets.

What do the numbers say?

ADA reserves on exchanges are dwindling. The fewer coins on the platforms, the quicker the 'flight' upward will be when demand returns.

We are currently treading on a strong support level of $0.28–$0.36. If we hold, the first serious target is the $0.45–$0.50 zone.

A breakout may return the price to $1, and in the long run, with the launch of ETFs and support from regulators, analysts are even targeting $4.

So, whales are not just 'vacuuming' the bottom for no reason. Usually, such hidden accumulation is a clear harbinger of a powerful market reversal.

What is your strategy? Are you accumulating ADA in your portfolio at these prices or waiting for $0.30? 👇

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