Cardano (ADA) Price Prediction: Discrepancies Between Whales and Retail Investors, Surge in Open Interest
According to Gate, as of Wednesday (June 25), the price of Cardano (ADA) has slightly fallen by less than 1%, losing momentum after forming a doji on the previous trading day. On-chain data shows that the support from large investors (commonly referred to as "Whales") is on the rise, while retail investor Cardano holdings have decreased, indicating a decline in risk appetite. The surge in open contracts for ADA suggests that the likelihood of a leveraged-driven upward trend is increasing due to heightened buying activity and increased capital inflow.