Overview

• Over August 9–10, large holders amassed about 200 million ADA, representing roughly $166 million in net accumulation.
• Spot investors added around $14.6 million in inflows during the same period, reinforcing coordinated buying across market segments.
• ADA is trading between $0.77 and $0.81 while repeatedly challenging the critical $0.80–$0.83 barrier that analysts say must clear for a rally toward $1.
• Derivatives data show a 21.5% drop in trading volume and a Long-to-Short ratio below 1 even as funding rates remain positive and open interest has risen.
• Analysts highlight a looming golden cross and roughly 75% odds of a Cardano ETF approval as potential but unconfirmed catalysts for a decisive breakout.