Acum 3 h
Cardano jumps 10% and tops large-cap gainers as ADA futures and $0.30 resistance come into focus
Cardano's price climbed 10% over the last 24 hours, with daily trading volume up 144% to $839 million as ADA led gains among the top ten cryptocurrencies. Despite the move toward the $0.30 resistance and a positive CVD reading, sentiment around ADA remains among the most bearish in the large-cap segment, and whale distribution plus a narrow market cap buffer raise questions over the sustainability of this rally. Futures activity and leveraged positioning, rather than DEX spot flows, appear to be driving the short-term upside.
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ADA
ADA-1.49%
Acum 3 h
3-13
Avantis’ AVNT jumps 24% as new burn program launches and price tests $0.20 level
Avantis’ AVNT token climbed over 24% in the last 24 hours amid a sharp rise in trading activity and the launch of a fee-funded buy-back and burn scheme. The price briefly moved above the $0.20 resistance and broke out of a month-and-a-half downward channel, while on-chain metrics showed both buyer-dominated volume and rising profit-taking pressure. Derivatives liquidations, totaling $616K across major exchanges, further fueled the short-term move but also signaled traders closing positions.
AVNT
AVNT+2.26%
3-13
3-4
Ethereum traders accumulate 67,000 ETH as whale offloads 475,300 ETH in ongoing consolidation
Ethereum's price traded 2% above the previous day's close, with daily volume climbing 29%, even as large traders and whales took opposing positions. Around 67,000 ETH worth over $129 million were accumulated between $1,920 and $1,965, while a major whale has sold 475,300 ETH valued at $1.35 billion so far this year after a recent 82,000 ETH deposit to Binance. Analysts note ETH remains range-bound across several timeframes, with futures buying offsetting spot sell pressure and keeping the altcoin in consolidation.
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ETH
ETH+2.53%
3-4