ADA Price Recovery
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, so traders are 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's price may recover after whales buy the dip.
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