Cardano (ADA) Price: DEX Volumes Triple and Whales Buy the Dip as ADA Holds Steady
Cardano (ADA)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Cardano (ADA) is trading at around $0.224 on Friday, extending gains after finding support near key moving averages earlier this week. The price is up roughly 17% this week, supported by rising network activity and increased buying from large wallet holders. One analyst on X has laid out a bullish case for ADA, predicting a potential 14x price increase that could take Cardano from its current level to $2.92. The analyst believes the bottom may already be in and that ADA is setting up for a larger move to the upside.
How the market reacted
Whalio's own Binance spot order flow for ADA, measured when this story was written up on 6 September 2026. Not the outlet's figures.
Whalio data shows ADA at $0.2183 with a 1-hour buy ratio of 50.5% and a 4-hour buy ratio of 52.0%, indicating short-term buying pressure is building compared to the 24-hour buy ratio of 48.7%. Volume delta is positive in the 1-hour (+$15,504) and 4-hour (+$229,930) windows, while the 24-hour volume delta is negative (-$838,220), showing that recent trades are favoring buyers despite a net outflow over the full day. The CVD at the 24-hour close is -$112,802, and there have been 13 hours of net buying out of 24. Spot volume reached $33,079,660 with 123,403 trades in the last day.
The latest daily buy ratio of 45.6% sits at the 5th percentile of the last 322 days, against a median of 49.2% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for ADA, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 48.2%, making the latest day's 48.7% figure slightly higher by 0.6 points. Volume was 1.24x the average, and the price changed by +8.2% over 8 days. However, the 8-day volume delta total was -$4,502,381, with only 2 of 7 days showing net buying. This indicates that while recent activity is above average, the broader weekly trend has seen more selling pressure than buying.