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Cardano Rebounds From $0.84 as Whales Buy 100 Million ADA

The $0.84 support now anchors the short-term trend.

BEAM whale activity
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Overview

  • ADA printed a third consecutive higher low at $0.84 and traded around $0.86–$0.88 with roughly a 3% daily gain.
  • Large holders accumulated about 100 million ADA in a day, lifting whale balances to roughly 18.65 billion tokens.
  • Derivatives signals improved as the funding rate turned slightly positive near 0.0072%, hinting at a modest bullish tilt.
  • Retail positioning is skewed long, with more than 79% of ADA perpetuals on Hyperliquid held by longs.
  • A sustained break below $0.84 would weaken the bullish structure and raise risk toward ~$0.68, while clearing $0.90 and then $0.95–$1.00 would strengthen the case for further upside.