What Do Cardano Whales Know?

Cardano whales bought 210 million ADA in three weeks as the price fell to $0.36, indicating the possibility of a change despite the bearish sentiment.

In the last three weeks, the main holders of Cardano (ADA) have collected more than 210 million tokens, according to blockchain data shared by analyst Ali Martinez. The transaction came amid a period of price weakness, with ADA down more than 7% in the past 24 hours and trading near $0.36.

The token traded between $0.36 and $0.4 in the last 24 hours, with a wider 7-day range of $0.36 to $0.43. Market pressure has increased amid renewed tensions between the European Union and the United States, adding to the backlash in digital assets.

Whales Accumulate ADA Amid Price Weakness

The collection of 210 million ADA by major wallets took place while prices remained under pressure. On-chain activity suggests that this movement reflects preparation rather than response.

210 million Cardano $ADA bought by whales three weeks ago! pic.twitter.com/Mqq4xdQGSK

– Ali Charts (@alicharts) January 17, 2026

Although the price of ADA has not yet responded to this purchase, exchange rates have fallen slightly. This suggests that less supply is available for immediate trading. In this type of setup, small spikes in demand can have a strong impact on price.

However, the accumulation of whales does not guarantee a quick retreat. It sets a foundation that may support future moves, if volume and momentum are confirmed.

Currently, the ADA is moving along the lower edge of the equilateral triangle that has been forming on the weekly chart. It is trading just above the $0.36 mark, which is part of the long-term tested support area from the bottom to $0.28. A break below this level could push the token to $0.27.

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The 9-week EMA is set at $0.41. ADA continues to trade under it, showing that sellers remain in control. For the sentiment to change, it will have to re-seek this level and try to go to $0.53. On the bullish side, the weekly RSI is reading around 33, moving close to levels often seen before a temporary recovery.

Futures Traders Show Low Confidence

The latest data from Coinglass shows the average interest rate for ADA at -0.0037%. The rate has fluctuated between positive and negative in recent weeks, reflecting uncertain sentiment among futures traders. Current trends reflect expectations for derivatives traders.

Negative earnings levels like these usually occur when most traders expect a further decline. Combined with price staying below resistance and support being tested, this adds pressure to the short-term outlook.

Elsewhere, the Cardano Foundation has shared support for the Draper Dragon proposal with Draper University. The program includes an $80 million fund focused on expanding Cardano’s adoption through investment, remittances, and education. Returns from the fund will be sent back to the Cardano treasury.

In addition, CME Group is preparing to launch ADA futures, trading is expected to start on February 9, pending regulatory approval. This move will put ADA in line with other top altcoins available in the US derivatives market.