Cardano shows weakened momentum. Its price remains under pressure after several weeks of decline, and some individual investors are gradually reducing their exposure. However, major holders of the ADA crypto are strengthening their positions while smaller wallets are decreasing theirs. This divergence between the activity of large investors and that of retail frequently appears in the final phase of a downward trend.
In brief
- Large Cardano investors are silently accumulating ADA while small wallets sell, a typical late bear cycle pattern.
- Price remains weak around $0.40, but sellers are showing signs of running out of steam and major supports are holding.
- This on-chain divergence could prepare for a reversal, especially if Bitcoin stabilizes in the coming weeks.
Whales accelerate while retail stalls
Recent figures from Santiment reveal an almost counterintuitive dynamic on Cardano. On the one hand, retail portfolios are liquidating their positions, tired of two months of slide. On the other hand, large holders or those who never make decisions without conviction, accumulate.
In September, the crypto Cardano (ADA) rebounded despite record investor pessimism. The current trend indicates that since November 1, wallets with between 100,000 and 100 million ADA have increased their reserves by approximately 26,770 ADA. Nothing spectacular, but consistent enough to attract attention. This slow absorption is typical of periods when fear dominates the market.
At the same time, small crypto wallets, those holding less than 100 ADA, saw their balances drop by around 44,751 ADA in total. Indeed, impatient investors exit at the worst time, while savvy investors enter precisely when fatigue reaches its peak.
This divergence often appears at the very end of a downtrend, at a time when no one dares to believe in a reversal. And this is usually where the guardians of liquidity rewrite the rest of the market.
Cardano: a stagnant price, but a market that is running out of steam
On the chart, Cardano does not give much confidence. ADA crypto is sailing around $0.40locked in a descending structure. The buyers are not showing up, the sellers are weakening but remain present.
The crypto RSI index, stuck around 40, perfectly illustrates this situation. The downward pressure is still there, but it no longer has the strength of September or October. More interestingly, ADA didn't break any of its major supports. She slips, yes. But, collapse, no.
This disconnect between price and on-chain fundamentals is worth highlighting. Often, this type of stagnation announces a transition zone. The market blows, positions rebalance, and weak signals become more important than the noise on the chart.
For this crypto, historic reversals occurred when three conditions converged. First whales accumulate, then individuals sell out of fear and Bitcoin stabilizes, providing neutral ground for altcoins.
Currently, two conditions are already met. The third depends entirely on the global market: a Bitcoin still shaken by macroeconomic uncertainty and the post-FOMC turmoil. As long as BTC oscillates, liquidity is reduced and altcoins, including ADA, run out of steam.
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