Cardano Price Prediction: Can Record Whale Buying Push ADA Above $0.20?
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Cardano (ADA) saw record whale accumulation as wallets holding 100K–100M ADA now control 25.65B ADA, and ADA broke out of an ascending triangle on July 21, rising 4.07% to $0.1765 and reclaiming the 20-day EMA three days after the Van Rossum hard fork. A Wanchain bridge to BNB Chain was exploited for roughly $10M, briefly rattling sentiment but leaving the Cardano network unaffected, underscoring DeFi bridge security risks and implications for crypto adoption and market momentum.
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- Whale wallets holding 100K to 100M ADA now control a record 25.65B ADA, accumulating at the fastest pace since 2023 per LuckSide Crypto
- ADA broke out of an ascending triangle on July 21, up 4.07%, reclaiming the 20-day EMA for the first time since the Van Rossum hard fork activated
- A Wanchain bridge connecting Cardano to BNB Chain was exploited for roughly $10M, though the Cardano network itself was confirmed unaffected
Cardano trades at $0.1765 on July 21, up 4.07%, breaking out of the ascending triangle that had been tightening since the June lows as whale accumulation reaches levels not seen since 2023. The move comes three days after the Van Rossum hard fork activated and one day after a bridge exploit briefly rattled sentiment without touching the Cardano network itself.
ADA Broke The Triangle And Reclaimed Its 20-Day EMA In One Session
Read The Full Article Cardano Price Prediction: Can Record Whale Buying Push ADA Above $0.20? On Coin Edition.
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