Cardano's price steadied on October 11 after a sharp 20% sell-off, as whale investors bought the dip during broader market turbulence.
Big investors stepped in, and traders are slowly following. Wallets holding 10M-100M ADA rose sharply between October 10-11.
Funding rates flipped positive after the crash, so traders are cautiously turning bullish again.
Large holders accumulated millions of ADA during the downturn, helping to limit further losses and bringing in early signs of a possible recovery.
As whales stepped in, the coin stabilized around $0.645, beginning a tentative recovery.
Author's summary: ADA's price recovers after whale investment.