Cardano Price Prediction: Whales Accumulate as Retail Sells – Is a Parabolic Move Next?

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Cardano has declined by nearly 6% over the past 24 hours as the market finally decided to take profits after several weeks of strong rallies.

Trading volumes have surged by nearly 43%, nearing the $1 billion mark for Cardano, emphasizing that the selling spree may be gaining traction.

The market was spooked by new legislation that has already advanced in the House of Representatives, known as the “One Big Beautiful Bill Act.”

This new law imposes high taxes on foreign-held U.S. investments and “weaponizes” the country’s capital markets, according to analysts. If passed, it would make it more expensive for foreign investors to participate in U.S. markets.

Despite these headwinds, ADA whales appear to have capitalized on the latest pullback to purchase a significant amount of the token.

Whales have bought over 180 million #Cardano $ADA in just the past week! pic.twitter.com/hOmii47pKo

— Ali (@ali_charts) May 29, 2025

Popular crypto trader Ali Martinez recently shared on X that whales purchased more than 180 million ADA tokens, worth approximately $13 million, last week.

This indicates accumulation by the market’s “smart money” and supports a bullish Cardano price forecast.>

Cardano Price Prediction: Late Buyers Can Benefit from an Upcoming ADA Drop

The daily chart shows that ADA recently broke its trend line support following a four-day losing streak.

However, price action is likely to retest this line from below, meaning ADA could recover to at least $0.7500 in the near term.

Cardano Price Prediction: On-Chain Data Shows Whales Accumulated While Retail Sold – Is a Parabolic Move Coming?0

If that retest confirms the trend line break and the price fails to jump back above this line, it could result in a significant decline toward the $0.50 area.

Whale activity typically supports a bullish Cardano price prediction. Hence, this decline could present a good opportunity to buy ADA at a lower price. This kind of setback allows late buyers to enter the rally at a much lower price.

As new money and ‘dry powder’ enter the scene, the next leg up for ADA could push the token to higher highs, meaning a potential move toward $1.

In the meantime, top crypto presales of the year, such as SUBBD (SUBBD), offer significant upside potential to early buyers as their tokens are sold at a heavily discounted price ahead of exchange listings and public launches.

SUBBD (SUBBD) Surpasses $500K Mark to Create a Better Home for Content Creators

SUBBD (SUBBD) is a decentralized content distribution platform that offers better terms for influencers and significant benefits to fans.

Cardano Price Prediction: On-Chain Data Shows Whales Accumulated While Retail Sold – Is a Parabolic Move Coming?1

Since its presale event began in early April, the project has raised more than $500,000 to refine its user interface and back-end systems.

SUBBD will give creators a say in the platform’s roadmap and rules, making unfair bans and inequitable profit-sharing arrangements a thing of the past.

Creators will retain a higher share of their income, while fans will receive subscription discounts, early access to new features, and custom requests through the use of the $SUBBD token.

More than 2,000 influencers have already been onboarded, with a combined following of 250 million. Once the platform launches, demand for $SUBBD is likely to surge.

To buy this token at its discounted presale price for maximum returns, visit the SUBBD website and connect your wallet (e.g., Best Wallet). You can swap or ETH or use a bank card to make your investment.

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