ADA Price Recovery After Whale Investment
After a sharp 20% sell-off, Cardano's price steadied on October 11 as whale investors bought the dip during market turbulence.
Large holders accumulated millions of ADA, limiting further losses and bringing early signs of a possible recovery.
- Wallets holding 10M-100M ADA rose sharply between October 10-11.
- Funding rates flipped positive after the crash, with traders cautiously turning bullish again.
Traders are slowly following big investors who stepped in to buy the dip.
The short-term RSI was around 45, while the Chaikin Money Flow (CMF) went into positive territory, indicating subtle accumulation.
Author's summary: ADA price recovers after whale investment.