Whales Gobble 120M ADA in 2 Days—Market or Just Fishy?

This Is Not a Drill: Cardano Whales Feast on 120 Million ADA! 🎣💰

In the quiet depths of the crypto ocean, a monstrous whale—yes, a real one—gulped down 120 million ADA in just two days. Clearly, someone’s stomach is bigger than their patience, or maybe just more optimistic about the market than your Uncle Bob at his poker night. Ali, the sage of crypto charts and probably a magician too, claims whales have bought this hefty chunk amid the latest market cheer, as if that’s supposed to mean something. Well, cheers, or tears, depending on whether your portfolio is swimming or sinking.

Whales have bought over 120 million #Cardano $ADA over the past 48 hours! 🐋 — Ali (@ali_charts) June 10, 2025

Meanwhile, Bitcoin decided to break its week-long silence and climbed above $110,000, perhaps shouting, “Hey, look at me!” in digital public. Naturally, when Bitcoin gets a boost, everyone else jumps on the bandwagon or at least pretends to. Cardano, being the good student, has been gaining ground for four days straight—probably tired of being ignored by the cool kids at the crypto party.

As of now, ADA is caressing $0.708, up 4.32% in a day, reaching as high as $0.716—because why not aim for the stars when you’re already dreaming?

All that whale activity suggests that our big friends might be placing bets on the upward trend, ready to jump in before the tide turns. Resistance levels are set at $0.724 and $0.82, like a stubborn old man refusing to move, while support sits comfortably at $0.60—just in case the market decides to have its tantrum.

Cardano’s New Tricks—DeFi, Bridges, and Other Fancy Words

Coincidence or not, just as the whales waddled around, Cardano unveiled Cardinal, its debut Bitcoin DeFi protocol. Yes, Bitcoin too, because why not collect all the shiny objects? With this new toy, users can wrap, stake, lend, borrow—basically do everything except discover the meaning of life with BTC on Cardano.

And to top it off, Cardano made history—again—by launching the first cross-chain Ordinal wrap. Imagine that! Ordinals going places, serving as collateral, being auctioned, or just showing off in DeFi. All this while the little NFTs are burning and releasing BTC, because apparently, nothing is complete without a little chaos.

Oh, and for those living in the US, Cardano (ADA) is now available on Bitstamp via Robinhood—because what’s life without a bit of convenience, and a dash of ‘new’ to confuse your friends at brunch?

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2025-06-10 17:21