💥 ADA on CME but the price is… going down?

📅 On February 9, 2026, CME Group officially launched futures contracts for ADA, LINK, and XLM – expanding the regulated altcoin derivatives market.

📉 However, instead of breaking out, ADA (~$0.27) dropped nearly 3%, still down ~92% from its peak in 2021.

🔥 Derivatives are booming – Spot remains weak

ADA futures volume on BitMEX increased by over 48,770% 😳

But demand for spot is low → cash flow is mainly short-term leverage

OI decreased from ~$490M to ~$425M → traders are closing positions

👉 When the price drops + OI decreases, the sellers are dominating.

🐋 Whales are quietly accumulating

Since the end of 2025, large wallets have been accumulating hundreds of millions of ADA.

While retail is still hesitant, whales are patiently buying in.

📊 Important technical zone

Strong support: $0.22 – $0.27

RSI ~32 → close to oversold territory

MACD shows signs of a bullish crossover

⚠️ However, the recovery potential remains fragile and depends on actual cash flow.

📌 Conclusion:

CME opening futures provides ADA with a larger “playing field”, but in the short term, the market is still under leverage pressure and lacks sustainable spot buying strength. Whales are accumulating, but a stable upward trend still needs further confirmation.

😄 This article is for reference only, not investment advice. CME opening does not mean the price will “skyrocket” 😅

#Cardano #ADA #Altcoins #CryptoDerivatives #blockchain