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Cardano Rebounds From $0.85 as Whales Buy 100M ADA, Bulls Eye $1

A firm hold of the $0.84–$0.85 floor would maintain the higher‑low structure into $0.95–$1.00 resistance.

BEAM whale activity
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Overview

  • ADA bounced from the $0.84–$0.85 support, marking a third higher low, with price hovering near $0.86–$0.88 and resistance clustered around $0.95–$1.00.
  • On‑chain updates from analysts report roughly 100 million ADA accumulated by large wallets in 24 hours, lifting whale holdings to about 18.65 billion ADA.
  • Retail positioning skews bullish with roughly 79% longs on Hyperliquid, while funding has turned positive and futures volume spiked to about $7 billion on Aug. 14.
  • Momentum gauges including RSI and oscillators are curling higher, with technicians looking for confirmation on closes above roughly $0.95.
  • Failure to hold $0.84 would risk a slide toward roughly $0.68–$0.75, even as 2025 institutional inflows approach $73 million with more than $900 million in ADA held in custody.