1h ago
Cardano Open Interest Near $794.54M as Volume Sinks 37.56%; Jan. 6 High Fades
Over the past 24 hours, Cardano's derivatives positioning ticked higher while spot activity thinned. After hitting a Jan. 6 high, ADA has pulled back for five sessions and is hovering within a broad range. Traders are watching for a potential reset and short-term consolidation as leverage has been cleared.