Cardano’s rebound was driven by large whale outflows and bullish derivatives positioning: a 69.20M ADA ($56.8M) whale transfer and $3.51M in exchange outflows signaled accumulation, while Binance’s long/short ratio near 3 showed ~75% long dominance, supporting a short-term bullish outlook for ADA.
Whale transfer and exchange outflows signaled accumulation.
Binance long/short ratio near 3 indicated heavy long bias (~75% longs).
$56.81M whale move, $3.51M spot outflows, and support at $0.798 were key data points.
Cardano rebound: whale outflows and bullish derivatives signal accumulation in ADA — latest price, flows, and technical levels. Read now for actionable insights.
‘,
‘
🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!
‘,
‘
📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!
‘
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
What drove Cardano’s rebound this week?
Cardano’s rebound was driven by significant exchange outflows and a large whale transfer that traders interpreted as accumulation. Spot outflows of $3.51M and a 69.20M ADA ($56.81M) wallet move, combined with a Binance long/short ratio near 3, created bullish market sentiment.
How did whale flows and exchange outflows affect ADA?
Whale Alert reported a 69.20 million ADA transfer valued at $56.81M from Coinbase, destination unknown. CoinGlass data showed $3.51M in ADA leaving exchanges, often a sign of accumulation by large holders. These flows reduced on-exchange liquidity and supported short-term price stability. (Source: CoinGlass, Whale Alert, plain text).
Market positioning: Binance’s ADAUSDT Long/Short Accounts Ratio was ~2.99, implying about 75% of retail and platform accounts favored longs. Coinalyze data for top-trader ratios also stayed above 3, aligning derivatives with spot outflows and strengthening the bullish case. (Source: Coinalyze)
‘,
‘
🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!
‘,
‘
💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
Derivatives metrics showed a strong long bias. Binance’s long/short ratio near 2.99 signaled that roughly three out of four positions were long. Top-trader long/short ratios above 3 confirmed professional traders were also net-long, aligning with spot outflows.
‘
];
var adplace = document.getElementById(“ads-htx”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex;
adplace.innerHTML = adscodesHtx[adsindex];
sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexHtx”, sessperindex);
}
})();