ADA Price Recovery After Whale Investment
Cardano [ADA] experienced a sharp 20% sell-off but steadied on October 11 after whale investors bought the dip during market turbulence.
Big investors stepped in, and traders are slowly following. Wallets holding 10M-100M ADA rose sharply between October 10-11.
Funding rates flipped positive after the crash, so traders are cautiously turning bullish again.
- Short-term RSI was around 45
- Chaikin Money Flow (CMF) went into positive territory, indicating subtle accumulation
As whales stepped in, the coin stabilized around $0.645, beginning a tentative recovery.
Large holders accumulated millions of ADA during the downturn, helping to limit further losses and bringing in early signs of a possible recovery.
Author's summary: ADA's price may recover after whale investment.
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