Cardano faces a challenging market atmosphere with price recovery struggles. However, recent buying activity from whales, totaling $150 million worth of ADA within just 72 hours, suggests a positive shift in momentum.

This significant investment implies that large holders have strong confidence in Cardano’s future performance. Analysts believe that this buying pressure could propel the price closer to the target of $0.70.

As this trend continues, smaller investors are likely to observe the actions of these whales, potentially influencing Cardano’s price trajectory in the near future.