I noticed an interesting pattern on the Cardano chain — while regular traders panic over ADA's decline, large holders are actively accumulating. Over the past six months, whales have added nearly 819 million tokens, which is about $239 million at the current rate. An intriguing dissonance: when the price drops, big players are increasing their positions instead.

Data shows that addresses with balances from 100,000 to 100 million ADA have increased their share. Currently, these ADA whales control more than 25.35 billion tokens, which already accounts for 68.44% of the total supply. Six months ago, it was 66.84%, so there's a 1.6% increase over half a year. Historically, such accumulation close to lows usually indicates that large players see potential for recovery.

Technically, ADA still looks weak — the price is at $0.25, below key support levels. Although there was a 14% attempt to rise on Wednesday, it appears to be a bounce rather than a trend reversal. The psychological barrier at $0.31 has not been broken. Support at $0.24 needs to hold; otherwise, a drop to $0.17 could occur.

The most interesting thing is the divergence between the price and accumulation. ADA whales are clearly preparing for something when the market is engulfed in fear. Usually, such signals from major holders appear before a recovery. But technically, there is no confirmation yet; we need to wait for a breakout above $0.38 and a consolidation. The next significant resistance level is at $0.79, where the market will shift into a bullish zone.