Yes — on-chain and derivatives data show Cardano whales increased holdings after the October crash, with wallets holding 10M–100M ADA rising and funding rates turning positive, indicating measured accumulation that helped stabilize ADA near $0.645 following a low near $0.62.
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Whale accumulation increased: 10M–100M ADA wallets rose from ~466 to 472 between Oct 10–11.
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Funding rates flipped positive (0.1544), signaling renewed long exposure in derivatives markets.
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Price technicals: short-term RSI ~45; Chaikin Money Flow turned positive — early signs of buying pressure.
Cardano whales buy the dip: data shows large-holder accumulation after the October crash — read the on-chain and derivatives breakdown from COINOTAG.
By COINOTAG | Published: 12 October 2025 | Updated: 12 October 2025
Did Cardano whales buy the dip after the crash?
Cardano whales buying the dip is supported by on-chain metrics: wallets holding 10 million to 100 million ADA rose immediately after the market-wide liquidation, while derivatives data shifted toward positive funding, indicating spot accumulation and growing long interest that helped limit losses.
What on-chain and derivatives signals support the accumulation theory?
On-chain trackers such as Santiment recorded a jump in large-holder addresses — from about 466 to 472 wallets holding 10M–100M ADA between October 10 and 11. At the same time, the Funding Rate returned to positive 0.1544, reflecting increasing long exposure in perpetual swaps. TradingView price data showed ADA briefly touched ~$0.62 during the $19 billion market liquidation, then stabilized near $0.645 as the Chaikin Money Flow (CMF) moved into positive territory and the short-term RSI held around 45. Coinotag markets analysts say this convergence of spot accumulation and improving derivatives sentiment is a classic recovery pattern following liquidations.
Cardano bounces back after flash liquidation
During the hours surrounding the market’s record $19 billion liquidation event, ADA experienced steep selling pressure that pushed prices to a local low near $0.62. The rapid decline produced forced liquidations across spot and derivatives venues, but subsequent on-chain flows show meaningful inflows to large addresses. As buying absorbed the sell-side pressure, ADA regained footing and stabilized around $0.645, suggesting the immediate tapping of support by larger investors.
Short-term momentum indicators showed mixed but improving signals. The RSI at ~45 indicates the sell-off exhausted immediate momentum but has not yet reached bullish levels; CMF turning positive indicates money flow into ADA. Together with increased large-wallet counts, these metrics suggest accumulation rather than capitulation.
Whales come back
Santiment data (reported as plain text) showed that wallets holding between 10 million and 100 million ADA tokens increased from approximately 466 to 472 between October 10 and 11. That rise occurred directly after the market liquidation and coincides with a positive swing in derivatives funding rates. The correlation of on-chain accumulation and improved funding suggests large investors selectively added to positions while the broader market digested forced selling.
Funding-rate movement and whale accumulation occurred in close sequence. The Funding Rate returning to +0.1544 indicates traders were willing to pay to hold longs, a signal often seen when market participants expect mean reversion after a sharp drawdown. Coinotag’s markets team commented: “When on-chain accumulation and positive funding align after a liquidation, the probability of at least a short-term stabilization increases.”
Frequently Asked Questions
How many ADA did whales accumulate during the October 10–11 sell-off?
Santiment reported the number of wallets holding 10M–100M ADA rose from roughly 466 to 472, indicating at least six new or reactivated large-holder addresses. Exact token quantities per wallet vary; on-chain snapshots show significant aggregated inflows to large addresses during the liquidation window.
Why did Cardano fall to $0.62 and then recover?
The price drop to ~$0.62 was driven by a market-wide $19 billion liquidation event that forced leveraged positions to close. The subsequent recovery occurred as larger holders stepped in to buy discounted ADA, derivatives funding turned positive, and accumulation indicators like CMF improved—helping the price stabilize near $0.645.
Key Takeaways
- Whale accumulation increased: Large-wallet counts (10M–100M ADA) rose immediately after the liquidation, signaling selective buying.
- Derivatives aligned with spot flows: Funding rates flipped positive to 0.1544, reflecting more long exposure.
- Technicals show cautious recovery: RSI ~45 and positive CMF point to early accumulation but not full trend reversal—monitor on-chain flows and funding rates.
Conclusion
Data from Santiment and TradingView, analyzed by COINOTAG, indicate that Cardano whales did buy the dip after the October liquidation: wallets holding 10M–100M ADA rose and funding rates turned positive, providing measured support that helped ADA stabilize near $0.645. Monitor further on-chain activity and derivatives metrics for confirmation of any sustained recovery.
