Cardano (CRYPTO: ADA) is up 4.5% on Tuesday and steady accumulation trends point to a solid long-term outlook for the months ahead.
Whales Hit 3.5-Year Accumulation High
In an X post on July 14, on chain data platform Santiment Intelligence noted that wallets holding between 100,000 and 100 million ADA are now controlling more than 25.6 billion ADA. This is their highest balance since February 2023.
In contrast, retail investors appear to be reducing exposure. Wallets holding fewer than 100 ADA now own about 0.7% fewer coins than they did four months ago.
The accumulation comes as ADA continues to face bearish sentiment after underperforming throughout 2026 and recently trading near multi-year lows.
Sentiment noted that divergence between whale accumulation and retail selling suggests stronger hands are absorbing supply while smaller investors lose patience.
Cardano prices have dropped almost 50% on year-to-date basis, and around 78% plunge over the past year.
Healthy Long-Term Setup
Cardano also continues to advance several ecosystem initiatives, including Leios testnet development, Hydra scaling upgrades, Mithril improvements, Pyth Network oracle integration and fresh ecosystem funding efforts.
Blockworks data, cited by chief meme officer Mintern, showed that Cardano ETFs/ETPs witnessed net inflows of more than $9.7 million in 2026 with zero outflow months.
While whale accumulation does not guarantee an immediate price recovery, analysts say the combination of sustained buying by large holders, washed-out sentiment and retail capitulation has created one of Cardano’s healthier long-term setups this year.
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