Defi
Cardano whales buy the dip as ADA reclaims $0.211
CoinJournal·August 28, 2026·1 min read
Cardano slipped to around $0.210 after losing more than 7% this week. Whales holding between 10 million and 100 million ADA accumulated 160 million tokens since Sunday. ADA's long-to-short ratio fell to 0.74, indicating bearish positions dominate the derivatives market. Cardano is trading at $0.210 on Friday after declining more than 7%.
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