Cardano’s biggest holders have been loading up. In just the last 48 hours, wallets holding between 100 million and 1 billion ADA have bought more than 200 million ADA tokens.
Analyst Ali Martinez shared the data, showing that this buying wave lines up with ADA pushing toward the $0.80 mark – an area that’s been a key level for months.
Whale Accumulation and ADA Price Action
The Santiment chart Martinez posted shows ADA’s price in black and whale holdings in grey. Over the past two days, that grey area has jumped sharply, meaning whales have been adding to their positions. At the same time, ADA’s price climbed from around $0.74 to $0.82 before easing back to about $0.79.
Over 200 million Cardano $ADA bought by whales in the last 48 hours! pic.twitter.com/FCgCX15P3b
— Ali (@ali_charts) August 11, 2025
When whales buy heavily as the price is rising, it often means they expect a bigger move ahead. Right now, ADA is pressing on the $0.80–$0.82 resistance zone. If it breaks through and holds, the next big target is near $0.85, which also matches a key Fibonacci retracement level on the long-term chart.
Read also: 3 Key Reasons That Could Push Cardano (ADA) Price to New Highs in 2025
Cardano Chart: Mirroring the Last Cycle – But Slower
In another post, Martinez compared ADA’s current chart to its last major cycle. He marked the “We’re here!” point on the 2020 chart, just before ADA started its huge run to over $3.
Cardano $ADA is mirroring the price structure of its last cycle, but unfolding more slowly. It looks like we’re at the very start of an explosive move. pic.twitter.com/eCtAkNRPyi
— Ali (@ali_charts) August 10, 2025
Today’s chart looks very similar, but the move has been slower to develop. ADA has already cleared the 0.382 Fibonacci level at around $0.62 and is now testing the 0.5 level at about $0.85. If history repeats, the next milestones could be $1.15 and $1.78 before even thinking about the all-time high.
In the last cycle, breaking past the 0.5 Fib level was the spark for a fast rally. This time the market pace is slower, but that could also mean the climb, once it starts, might last longer.
Right now, ADA is in a spot where things could get exciting quickly. Whales are buying, price is pressing resistance, and the ADA chart still looks like the early stage of a bigger move. A daily close above $0.85 would be a strong signal for a push toward $1.15 in the weeks ahead.
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