Cardano (ADA) has fallen below the $1 mark due to a market sell-off that triggered significant liquidations across various cryptocurrencies. However, on-chain data suggests that whales are taking advantage of the dip to accumulate more ADA. Cardano's large transaction volume, indicating whale activity, has increased in the past 24 hours, in contrast to other major cryptocurrencies which have seen a decline. While this may offer hope for ADA holders, the immediate price action remains discouraging. If an accumulation trend is confirmed, it could potentially lead to a price rebound when market conditions improve. The price of ADA is currently down, and its future movement may depend on investor sentiment and overall market recovery.



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