210,000,000 ADA Bought in 3 Weeks: What Do Cardano Whales Know?

Cardano whales have bought 210 million ADA in three weeks as the price falls to $0.36, signaling a possible shift despite the bearish sentiment.

The token traded between $0.36 and $0.4 over the past 24 hours, with a wider seven-day range of $0.36 to $0.43. Market pressure has increased due to renewed tensions between the European Union and the United States, which has contributed to the decline in digital assets.

Whales Accumulate ADA Amid Price Weakness

The accumulation of 210 million ADA by big wallets took place while prices remained under pressure. Activity in the chain suggests that this step reflects preparation rather than reaction.

210 million Cardano $ADA bought by whales in the last three weeks! pic.twitter.com/Mqq4xdQGSK

— Ali Charts (@alicharts) January 17, 2026

Although ADA’s price has not yet responded to this purchase, its foreign exchange reserves have declined slightly. This indicates less available supply for immediate trading. In these types of situations, smaller peaks in demand can have a stronger effect on price.

Still, the accumulation of whales does not guarantee an immediate reversal. It provides a foundation that can support future moves if confirmed by volume and momentum.

Currently, the ADA is moving along the bottom of a symmetrical triangle that has formed on the weekly chart. It is trading just above the USD 0.36 mark, which is part of a long-tested support zone that reaches as high as USD 0.28. A break below this level could push the token towards $0.27.

You might also like:

The 9-week EMA is positioned at $0.41. ADA continues to trade below that, demonstrating that sellers remain in control. For sentiment to change, it would have to regain this level and try to move towards $0.53. On the momentum side, the weekly RSI is around 33 and hovers around levels often seen before short-term recoveries.

Futures traders show less confidence

Recent data from Coinglass shows that the open interest-weighted funding rate for ADA is -0.0037%. Interest rates have regularly fluctuated between positive and negative in recent weeks, due to the uncertain sentiment among futures traders. The current trend reflects cautious expectations from derivatives traders.

These types of negative funding rates typically occur when the majority of traders expect continued downward movement. Combined with price remaining below resistance and support being tested, this puts pressure on the short-term outlook.

Elsewhere the Cardano Foundation shared support for a proposal from Draper Dragon and Draper University. The plan includes an $80 million fund focused on expanding Cardano adoption through investments, capital deployment and education. The proceeds from the fund would flow back to Cardano’s coffers.

In addition, CME Group is preparing to launch ADA futures, with trading expected to begin on February 9, pending regulatory approval. This move would bring ADA in line with other top altcoins available in the US derivatives market.