Cardano (ADA) saw a surge in whale activity, with $6.08 billion in large transactions in the last day. Despite a 10% weekly rise, 219 million ADA flowed into exchanges, a 606% increase, as big holders took profits. Still, ADA's price rose 2% to $0.3601 amid Bitcoin’s $58K rally and expectations of a rate cut.

Cardano's September roadmap, including the Chang upgrade and the Snek-Fun memecoin launchpad, spurred network activity, pushing 200K addresses from loss to profit. Bulls could add another 400K addresses to profit if ADA breaks the $0.39 resistance.

However, while sentiment remains positive, dropping 180-day mean coin age signals selling pressure. ADA's price largely hinges on Bitcoin's performance, and without support, a pullback may be likely.