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Whales Coming to Rescue ADA?

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Cardano Whale Holdings.

Cardano has shown early signs of stabilization after weeks of pressure. The ADA price is attempting a bounce from recent lows. Market data suggests the recovery is being supported by two key investor groups.

Large holders and long-term investors appear to be stepping in. Their activity is shaping short-term sentiment around the altcoin. As volatility persists across the crypto market, these cohorts may play a decisive role in ADA’s next move.

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Cardano Holders Are Seemingly Bullish

On-chain data indicates that Cardano whales have been consistently supportive. Addresses holding between 10 million and 100 million ADA have accumulated heavily in recent days. These wallets added more than 220 million ADA, valued at over $61 million at the time of writing.

Such accumulation during price weakness often reflects strategic positioning. Whales likely took advantage of discounted prices. Their buying signals conviction in ADA’s recovery potential.

Large-scale accumulation can also reduce circulating supply, which may support price stability in the near term.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

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Cardano Whale Holdings.
Cardano Whale Holdings. Source: Santiment

Beyond whale activity, long-term holders are reinforcing confidence. The Mean Coin Age metric, which tracks the average age of circulating coins, has been steadily increasing. This indicator reflects whether older coins are moving or remaining dormant.

During bear markets, a decline in Mean Coin Age often signals transactions and potential selling. However, the current rise places the metric at a three-month high.

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This suggests long-term holders are opting to HODL rather than liquidate positions. Sustained dormancy typically indicates expectations of future ADA price appreciation.

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Cardano MCA
Cardano MCA. Source: Santiment

ADA Price Breach On The Cards

Cardano price is trading at $0.278 at the time of writing. The altcoin is attempting to secure the $0.271 level, which aligns with the 23.6% Fibonacci Retracement. Holding this support would strengthen the bullish structure. A confirmed rebound could open the path toward $0.303.

Whale accumulation combined with long-term holder conviction may inject needed stability. If buying pressure continues, ADA could extend gains beyond $0.303.

The next resistance stands near $0.354. A decisive move above that zone could push Cardano toward $0.391, reinforcing recovery momentum.

Cardano Price Analysis.
Cardano Price Analysis. Source: TradingView

However, risks remain in volatile market conditions. If ADA fails to breach $0.303, sellers may regain control. Renewed pressure could force the price below the $0.271 support again.

A breakdown would likely expose $0.245 as the next downside target, invalidating the current bullish outlook.

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Crypto World

Why Bittensor (TAO) Is Today’s Best-Performing Crypto

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Bittensor (TAO) Price Performance.

Bittensor’s TAO token climbed nearly 8% to become the top gainer after Upbit, South Korea’s largest cryptocurrency exchange, announced its listing.

The rally enabled TAO to outperform the broader crypto market, which remained under pressure as the total market capitalization declined 2.53% over the past 24 hours.

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Upbit Introduces TAO Trading Pairs Amid Turbulent Market Conditions

Upbit confirmed that TAO will be available for trading against three trading pairs: Korean won (KRW), Bitcoin (BTC), and Tether (USDT). Trading is scheduled to begin on February 16 at 16:00 Korean Standard Time (KST). Furthermore, deposits and withdrawals will open within approximately 90 minutes of the announcement.

“Deposits and withdrawals are supported only through the specified network (TAO – Bittensor Network). Deposits and withdrawals via EVM networks are not supported. Please verify the network before depositing,” the notice read.

As is standard for new listings on the platform, Upbit will implement temporary trading safeguards at launch. The exchange will restrict buy orders for approximately five minutes after trading begins.

During that same window, it will block sell orders priced more than 10% below the previous day’s closing price. For roughly two hours after the listing, Upbit will permit only limit orders.

The listing triggered a price surge for TAO, reinforcing a pattern commonly observed when tokens secure new exchange support. Following the announcement, the token advanced nearly 8%.

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At the time of writing, the altcoin was trading at $207.6. Moreover, TAO’s rise pushed it to become the largest gainer among the top 100 cryptocurrencies on CoinGecko.

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Bittensor (TAO) Price Performance.
Bittensor (TAO) Price Performance. Source: TradingView

The latest rally builds on the token’s recent momentum. TAO has gained more than 21% over the past week after trending predominantly downward since the beginning of the year.

TAO Price Prediction: What Comes Next?

Meanwhile, analysts remain optimistic about the artificial intelligence-focused blockchain. Analyst Michaël van de Poppe signaled a bullish outlook for Bittensor’s token. He projected at least a “mean reversion” toward approximately $300.

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“I think that protocols working on AI <> Crypto are a must have in every portfolio and I’m glad I’ve added funds into this position. I think that we’re going to see more strength going forward from here,” Van de Poppe wrote.

Looking ahead, TAO’s short-term trajectory will likely depend on whether the listing-driven momentum converts into sustained trading volume and continued buyer interest. If broader sentiment stabilizes and participation remains elevated, the token could extend its recovery.

However, weakening momentum or renewed market pressure may temper gains. As exchange accessibility improves, overall crypto market conditions will also be a key factor.

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Russia Sees $648M In Daily Crypto Transactions As Gov Pushes Regulation

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Russia Sees $648M In Daily Crypto Transactions As Gov Pushes Regulation

Russia’s finance ministry and central bank are reportedly calling on the government to speed up the rollout of crypto market regulations amid booming adoption of digital assets, claiming citizens are spending almost 50 billion Russian rubles ($648 million) on crypto daily. 

According to a report from Russian news outlet RBC on Thursday, Russia’s deputy finance minister, Ivan Chebeskov, emphasized the importance of regulating the market, as most crypto spending is happening primarily through unregulated channels.  

“We have always said that millions of citizens are involved in this activity, these are trillions of rubles from the point of view of citizens in use, in savings,” he said as part of a panel discussion on digital assets at the Alfa Talk conference, adding: 

“Also, for example, one of the figures, about 50 billion rubles per day is the turnover of crypto in our country. That is a turnover of more than 10 trillion rubles per year, which is now happening outside the regulated zone, outside our attention.” 

Russia’s deputy finance minister Ivan Chebeskov. Source: The Ministry of Finance of the Russian Federation

The daily volume of 50 billion rubles cited by Chebeskov equates to roughly $648 million, with the yearly figure equating to $129.4 billion. It marks strong crypto adoption within the country as it tangles with economic sanctions slapped on the country by the US and Europe.

The European Union, in particular, has recently raised concerns over Russia’s use of crypto to bypass sanctions, and is pushing to “ban all cryptocurrency transactions with Russia” as part of a new sanctions package, according to a report from the Financial Times on Feb. 10. 

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In late December, Russia’s central bank released a policy proposal looking to enable both qualified and non-qualified investors to buy certain crypto assets, marking a stark contrast to its earlier push for an outright ban on crypto.

The proposal seeks to provide a strict limit on non-qualified investors, allowing them to hold up to 300,000 rubles ($3,834) worth of crypto a year, while allowing broad access to the market, excluding privacy coins, for qualified investors. 

Related: Russia is blocking WhatsApp to push ‘surveillance’ app, company says

Speaking on the same panel as Chebeskov, the first deputy chairman of Russia’s central bank, Vladimir Chistyukhin, said he hopes to see crypto market regulation adopted by the government in the spring session of the State Duma, the first of two annual legislative periods in Russia.  

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