Cardano’s ADA was hovering around $0.21 after dropping more than 7% over the week, even as wallets holding 10 million to 100 million ADA accumulated about 160 million tokens since Sunday. The whale buying has not reversed the short-term downtrend amid cautious broader crypto conditions, with Bitcoin slipping toward $78,000 after briefly touching $80,000 and major altcoins also retreating. Derivatives signals remain split: ADA’s long-to-short ratio fell to 0.74, open interest declined nearly 2% in 24 hours to $494.17 million, and long liquidations far exceeded short liquidations, while the open interest-weighted funding rate flipped positive at 0.0013% after earlier dipping negative. Technically, ADA still holds above its 50-day and 100-day exponential moving averages near $0.190 and $0.197, with the RSI at 52 and resistance stacked from about $0.213 through the 200-day EMA near $0.246–$0.2483; a decisive close above that average is framed as needed to challenge the early-February $0.3050 high. Separately, Cardano’s Leios testing has reported sharply higher throughput versus mainnet, with four stages still described as remaining before a targeted mainnet hard fork.