Cardano Futures Volume Jumps 27,631% on Bitmex as ADA Pulls Back Below 50-Day Moving Average

Cardano's futures volume on Bitmex reportedly surged 27,631.45% in the last 24 hours to $47.64 million, alongside a modest increase in open interest to $790.3 million. After hitting $0.4374 on Jan. 6, 2026 and briefly trading above the $0.40 daily MA 50, ADA has fallen back below this level and is now down over recent days. The Cardano Constitution also introduces a Net Change Limit of 350,000,000,000,000 lovelace (350 million ADA), capping how much can be withdrawn from the treasury during a defined period.