Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Partially completed Wave 5 says there is still room to run

2025-05-10

Best crypto to buy now as UFC legend Conor McGregor calls for a Bitcoin strategic reserve in Ireland

2025-05-10

Trump Blackballs Lobby firm about controversy related to his ‘Crypto Strategic Reserve’ Truth Social Post: Report: Report

2025-05-10
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Nexera and Pinkchain unite to Tokenize € 1.1 billion real estate pipeline with Shariah-compliant products

    2025-05-10

    Mint Blockchain integrates Chainlink CCIP to feed cross-chain connectivity

    2025-05-10

    ‘Nasdaq on Solana’ vision sees progress with opening bell launch

    2025-05-10

    Nexus launches an AI lab for safe and verifiable artificial inteligence

    2025-05-10

    Renta Network works together with thoughts to introduce AI-driven discovery into the Real-World Assets

    2025-05-10
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Partially completed Wave 5 says there is still room to run

    2025-05-10

    Wells Fargo increases the price target for a company of billion dollars, the shares of the company’s prognoses will increase by 52%: report

    2025-05-10

    Ethereum – Price explodes beyond $ 2,200 with a 25% increase – Momentum builds up quickly

    2025-05-10

    Arthur Hayes says that the crypto-bullmarkt is ready to continue, Bitcoin Path sketches to seven-digit price

    2025-05-10

    Chainlink keeps strong at $ 15.29 support – is a new breakout on your hands?

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Cardano Whales Make Record Trades at ADA Rally
Altcoins

Cardano Whales Make Record Trades at ADA Rally

2023-11-11No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Journalist

Posted: November 12, 2023


  • ADA whale activity has reached its highest level since the beginning of the year.
  • The main indicators on the daily chart confirm the strength of the ongoing rally.

Cardano’s daily count [ADA] whale trades over $1 million have reached their highest level yet this year during the current rally.

As of November 9, the number of ADA transactions above $1 million was 2,192. Similarly, ADA saw the highest number of daily transactions in the past six months for transactions over $100,000.

Source: Santiment

The data from an analysis company in the chain Santiment shows that the number of high-value ADA transfers has been steadily increasing in recent weeks, coinciding with a 50% increase in the token’s price over the past month.

The bulls hold on tight

Readings of the coin’s Average Directional Index (ADX), assessed on a daily chart, put the value of the indicator at 57.46 at the time of writing.

An ADX value above 50 with a corresponding increase in an asset’s price indicated that the current uptrend in the market is strong.

Moreover, the coin’s positive directional index (green) at 33.19 was above the negative directional index (red) at 3.74. This meant that buying activity exceeded coin distribution among traders in the ADA spot markets.

Furthermore, the recent price rally has pushed ADA’s Chaikin Money Flow (CMF) to its highest level since January. This indicator assesses the flow of money into or out of an asset and provides insight into the buying and selling pressure in the market.

See also  Binance freezes $11.8 million in stolen assets after kidnapping incident

A positive CMF indicates buying pressure, while a negative CMF indicates selling pressure.

At 0.34 at the time of writing, ADA’s CMF showed the coin market being supplied with a significant volume of liquidity needed to support the rally.

Likewise, the key momentum indicators maintained an uptrend and were positioned above their neutral lines. ADA’s Relative Strength Index (RSI) was 77.69, while the Money Flow Index (MFI) was 80.47.

At these values, these indicators showed that ADA accumulation significantly exceeded distribution. However, these levels are often marked by buyer exhaustion followed by a price correction; caution is therefore advised.

Source: ADA/USDT on TradingView


How much are 1,10,100 ADAs worth today?


The coin’s open interest on the futures market stood at $149 million, a five-month high. From Mint glass Data shows that ADA open interest has increased consistently since September 21, with a 53% increase during this period.

When an asset’s open interest grows in this way, it means market participants are taking more active contracts or positions.

Source link

ADA Cardano rally Record trades Whales
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Best crypto to buy now as UFC legend Conor McGregor calls for a Bitcoin strategic reserve in Ireland

2025-05-10

Artificial Superintelligence Alliance breaks its downward trend: Can Fet be passing by $ 1?

2025-05-10

Conor McGregor from UFC demands Bitcoin Reserve for Ireland: “Power to the People”

2025-05-10

Trump -Binance tires are confronted with control – “The use of the family’s stablecoin to …”

2025-05-10
Add A Comment

Comments are closed.

Top Posts

Core Chain partners with Kiln for enhanced network security

2024-05-18

Metis records high network activity in Q4 2024, this is what caused the spike

2025-01-17

Understanding Crypto Chart Patterns: A Guide to Smarter Crypto Trading

2024-05-10
Editors Picks

‘Siberable Bounces’ come for Ethereum Rival Solana as Sol Bullish Turning Signal, according to analyst

2025-04-09

Exploring Dogecoin’s price trend as DOGE tests key support

2024-09-16

Bitcoin Price Approaching Next Key Move, 100 SMA Is Key

2023-05-30

Animoca Brands partners with NFT Project Imaginary Ones to advance tokenomics

2024-04-08
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Partially completed Wave 5 says there is still room to run

Best crypto to buy now as UFC legend Conor McGregor calls for a Bitcoin strategic reserve in Ireland

Trump Blackballs Lobby firm about controversy related to his ‘Crypto Strategic Reserve’ Truth Social Post: Report: Report

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,237.120.22%
  • ethereumEthereum(ETH)$2,483.177.03%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.422.80%
  • binancecoinBNB(BNB)$653.522.82%
  • solanaSolana(SOL)$172.110.46%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.23346514.32%
  • cardanoCardano(ADA)$0.813.87%
  • tronTRON(TRX)$0.261259-0.12%
  • suiSui(SUI)$3.982.27%
  • chainlinkChainlink(LINK)$16.694.67%
  • avalanche-2Avalanche(AVAX)$24.476.06%
  • stellarStellar(XLM)$0.3053593.70%
  • shiba-inuShiba Inu(SHIB)$0.0000165.95%
  • hedera-hashgraphHedera(HBAR)$0.2112715.34%
  • hyperliquidHyperliquid(HYPE)$25.170.76%
  • the-open-networkToncoin(TON)$3.373.04%
  • bitcoin-cashBitcoin Cash(BCH)$420.132.83%
  • polkadotPolkadot(DOT)$5.076.47%
  • unus-sed-leoUNUS SED LEO(LEO)$8.51-2.70%
  • litecoinLitecoin(LTC)$103.174.25%
  • moneroMonero(XMR)$323.343.84%
  • bitget-tokenBitget Token(BGB)$4.847.96%
  • pepePepe(PEPE)$0.0000137.97%
  • daiDai(DAI)$1.00-0.02%
  • piPi(PI)$0.742.76%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.858.96%
  • bittensorBittensor(TAO)$448.935.16%
  • nearNEAR Protocol(NEAR)$3.066.21%
  • aptosAptos(APT)$5.785.00%
  • aaveAave(AAVE)$223.897.07%
  • okbOKB(OKB)$54.932.29%
  • ondo-financeOndo(ONDO)$1.043.09%
  • ethereum-classicEthereum Classic(ETC)$19.874.51%
  • internet-computerInternet Computer(ICP)$5.542.90%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.28-0.81%
  • kaspaKaspa(KAS)$0.1071113.73%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2633594.93%
  • gatechain-tokenGateToken(GT)$22.181.60%
  • render-tokenRender(RENDER)$5.215.61%
  • crypto-com-chainCronos(CRO)$0.100492-0.98%
  • vechainVeChain(VET)$0.0308514.00%
  • mantleMantle(MNT)$0.771.02%
  • ethenaEthena(ENA)$0.3892496.07%
  • usd1World Liberty Financial USD(USD1)$1.00-0.06%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.874.45%
  • algorandAlgorand(ALGO)$0.2405763.72%
  • filecoinFilecoin(FIL)$3.113.62%
  • bitcoinBitcoin(BTC)$103,237.120.22%
  • ethereumEthereum(ETH)$2,483.177.03%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.422.80%
  • binancecoinBNB(BNB)$653.522.82%
  • solanaSolana(SOL)$172.110.46%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.23346514.32%
  • cardanoCardano(ADA)$0.813.87%
  • tronTRON(TRX)$0.261259-0.12%
  • suiSui(SUI)$3.982.27%
  • chainlinkChainlink(LINK)$16.694.67%
  • avalanche-2Avalanche(AVAX)$24.476.06%
  • stellarStellar(XLM)$0.3053593.70%
  • shiba-inuShiba Inu(SHIB)$0.0000165.95%
  • hedera-hashgraphHedera(HBAR)$0.2112715.34%
  • hyperliquidHyperliquid(HYPE)$25.170.76%
  • the-open-networkToncoin(TON)$3.373.04%
  • bitcoin-cashBitcoin Cash(BCH)$420.132.83%
  • polkadotPolkadot(DOT)$5.076.47%
  • unus-sed-leoUNUS SED LEO(LEO)$8.51-2.70%
  • litecoinLitecoin(LTC)$103.174.25%
  • moneroMonero(XMR)$323.343.84%
  • bitget-tokenBitget Token(BGB)$4.847.96%
  • pepePepe(PEPE)$0.0000137.97%
  • daiDai(DAI)$1.00-0.02%
  • piPi(PI)$0.742.76%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.858.96%
  • bittensorBittensor(TAO)$448.935.16%
  • nearNEAR Protocol(NEAR)$3.066.21%
  • aptosAptos(APT)$5.785.00%
  • aaveAave(AAVE)$223.897.07%
  • okbOKB(OKB)$54.932.29%
  • ondo-financeOndo(ONDO)$1.043.09%
  • ethereum-classicEthereum Classic(ETC)$19.874.51%
  • internet-computerInternet Computer(ICP)$5.542.90%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.28-0.81%
  • kaspaKaspa(KAS)$0.1071113.73%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2633594.93%
  • gatechain-tokenGateToken(GT)$22.181.60%
  • render-tokenRender(RENDER)$5.215.61%
  • crypto-com-chainCronos(CRO)$0.100492-0.98%
  • vechainVeChain(VET)$0.0308514.00%
  • mantleMantle(MNT)$0.771.02%
  • ethenaEthena(ENA)$0.3892496.07%
  • usd1World Liberty Financial USD(USD1)$1.00-0.06%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.874.45%
  • algorandAlgorand(ALGO)$0.2405763.72%
  • filecoinFilecoin(FIL)$3.113.62%