JUST IN: Cardano short sellers are taking a hit. In the last 24 hours, over $500,000 in short positions were liquidated while ADA hovered near $0.25, a price point that one anonymous trader is calling a powder keg ready to explode.


Whale accumulation has also increased.
Reports indicate that the number of wallets holding 10 million or more ADA recently surged to a four month high, even as the price continued to fall.
ADA-1.05%
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