Cardano (ADA) Price Maintains $0.25 Floor While Whale Holdings Surge to 4-Month Peak

Key Highlights

• ADA maintains position near $0.25 following rejection at resistance levels earlier this week
• Leveraged long positions saw approximately $545K in liquidations during the last 24 hours, with open interest hovering around $412 million
• Derivatives traders show bearish positioning with a long-to-short ratio of 0.84
• Total transactions on Cardano’s mainnet surpassed 120 million, establishing a fresh all-time record
• Large wallet addresses holding 10 million+ ADA climbed to 424, marking a four-month peak with 5.2% growth over nine weeks

Cardano (ADA) continues to hover around the $0.25 price level on Friday following its rejection from critical resistance zones earlier this week. The digital asset remains positioned beneath its 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), which form a cluster ranging from $0.27 to $0.40.

Leveraged traders felt the impact of recent downward pressure. According to CoinGlass metrics, approximately $545K worth of long positions were liquidated in the previous 24-hour period, contributing to total ADA futures liquidations approaching $626K. Open interest maintains an elevated position near $412 million.

The OI-weighted funding rate has shifted into negative territory, indicating that market participants are now paying premiums to maintain short positions. This configuration typically constrains upward momentum until meaningful spot market demand resurfaces.

CoinGlass data reveals ADA’s long-to-short ratio currently sits at 0.84. Any figure below the 1.0 threshold indicates a heavier concentration of traders positioning for continued downside rather than anticipating a rebound.

The daily Relative Strength Index (RSI) currently registers in the mid-40s range, positioned just beneath the neutral 50 threshold. While the MACD line shows marginal positive momentum, the Supertrend indicator continues flashing a red signal. These technical readings collectively suggest a consolidative, directionless market environment rather than any decisive trending behavior.

Broader market dynamics contributed additional downward pressure throughout the week. Bitcoin’s decline below the $71,000 threshold, triggered by reports of a U.S.-Iran ceasefire agreement, sparked widespread profit-taking across major cryptocurrency assets. ADA characteristically mirrors BTC’s downward movements swiftly under such circumstances.

Large Holders Expand Positions Under the Radar

Blockchain analytics from Santiment reveal that 424 wallet addresses currently control a minimum of 10 million ADA tokens. This figure represents the highest concentration in four months and reflects a 5.2% expansion throughout the past nine weeks. These substantial holders have been building positions during the extended price weakness.

ADA has appreciated roughly 11% from its February 5 bottom, though it continues tracking alongside the wider altcoin market patterns observed in 2026.

The immediate support zone rests at $0.24. A confirmed daily closing price beneath this threshold would violate the horizontal channel formation that has contained price action since early February, potentially exposing the $0.2328 low recorded on March 29. Further downside would bring the $0.2205 February low into consideration.

Blockchain Utilization Reaches New Milestone

Despite persistent price challenges, Cardano’s network utilization continues expanding. Cexplorer, a blockchain analytics platform, verified that cumulative transactions on Cardano’s mainnet have exceeded 120 million, with the precise count registered at 120,002,067 at the time of analysis.

For upward movement, ADA must recapture the 50-day EMA positioned near $0.268 to alleviate short-term bearish pressure. Market analysts have pinpointed $0.299 as the subsequent significant resistance barrier should that recovery materialize. The $0.24 to $0.25 range continues serving as the critical zone where buyers and sellers are currently engaged.

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