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Cardano Sets Bullish Tone as Whales Add to Holdings and Futures Interest Climbs to $1.8 Billion

Rising large‑holder buying signals growing confidence, prompting analysts to float $1.20–$1.86 targets for Q4.

Overview

  • ADA is consolidating below $1.00 with analysts highlighting $1.00 as key resistance and support clustered near $0.92–$0.95.
  • On-chain data shows renewed accumulation by large wallets, including a reported 130 million ADA added by 10–100 million ADA holders, lifting large-holder totals to about 18.79 billion.
  • Futures open interest has increased by roughly $250 million in under a week to around $1.80 billion, indicating traders are positioning for bigger moves.
  • Cardano’s DeFi total value locked has been rising and recently topped $380 million, a sign of steady ecosystem growth reported by DeFiLlama.
  • Coverage also promotes MAGACOIN FINANCE as a speculative presale play with outsized return claims, which remain unverified and should be treated cautiously.