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Cardano whales and sharks are buying while others panic, leveraging the discounted prices amid the dip to dig in more $ADA tokens.
This accumulation event has persisted for months now, according to on-chain data. Despite severe $ADA price corrections, these smart money whales have loaded up more tokens, reflecting their strengthening conviction in the cryptocurrency’s long-term price action.
Key Points
- Cardano whales and sharks are buying while others panic, leveraging the discounted prices amid the dip to dig in more $ADA tokens.
- Wallets holding between 100,000 and 100 million $ADA have been on a quiet accumulation spree for the past six months.
- During this period, they have added 819.14 million tokens to their stash, representing 1.6% of $ADA’s supply.
- These purchases have come despite a 71% price correction from $0.90 to $0.26, reflecting their conviction that the Cardano dip might be temporary.
Cardano Whales Load Up $ADA
Market sentiment reached extreme levels of fear as prices crashed. Liquidity trimmed, user activities slowed, but Cardano whales remained unwavering. According to Santiment data, they were busy buying the dip.
In a recent X post, the market intelligence platform highlighted that wallets holding between 100,000 and 100 million $ADA have been on a quiet accumulation spree for the past six months. During this period, they have added 819.14 million tokens to their stash, representing 1.6% of $ADA’s supply.
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The $213.9 million in fresh accumulation moved their total holdings from 24.54 billion in August 2025 to 25.35 billion today. This indicates that these whales and sharks now hold 68.44% of the coin’s supply, up from 66.84% six months ago.
Accumulation Despite Dip—What Does It Mean for Cardano?
Interestingly, these purchases have come despite a staggering price correction. Cardano has dropped over 71% in the past 6 months, falling from $0.90 to $0.26. Still, this did not alter the bullish disposition among these whales, who appear to see the drop as an even better opportunity to buy.
These drives reflect their conviction that the Cardano dip might be temporary. Again, it highlights the typical move by smart money market users, who buy assets cheaply when weak hands exit and sell higher when enthusiasm is high.
Notably, such accumulation is a positive sign for $ADA, as it suggests that these whales are increasingly confident that it will rebound significantly when broader market conditions improve.
Several prominent market figures have shared this narrative that while not all altcoins will recover from this steep decline, Cardano will be among the few to do so. One such comment came from The Moon Show’s co-host, the Crypto Kid.
$ADA Price Update
In the meantime, Cardano sits at a crossroads, with two possible price outcomes. The asset has given back its earlier gains and is trading around the $0.27 support, an area it surged 500% from in 2023.
If it holds this level and the broader crypto market improves, $ADA could repeat the same price action seen around the support in the previous cycle. However, falling below the demand zone brings greater selling pressure and could drive further declines.