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Anonymous 'Time Bomb' Trader Claims ADA Will Rocket 380% by Weekend While Whales Quietly Stack
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Anonymous 'Time Bomb' Trader Claims ADA Will Rocket 380% by Weekend While Whales Quietly Stack

By our Markets Desk3 min read

Cardano's short sellers are getting absolutely wrecked. Over the past 24 hours, over $500,000 worth of short positions got liquidated as ADA hovered near $0.25 — a price point one unnamed trader is calling a powder keg ready to blow. Somewhere, a degen is printing this tweet as a poster for their wall.

Beneath the chaos on the charts, exchange data tells a quieter story of confidence. More ADA has been flowing out of exchanges than flowing in, a pattern that typically shows up when large holders are moving coins into private wallets rather than prepping to sell. Whale accumulation has picked up too. Reports indicate the number of wallets holding 10 million or more ADA recently climbed to a four-month high, even as the price kept sliding. The whales aren't panic selling — they're playing the long game while retail fights over pennies.

The liquidation data reflects the same tension. Of the $637,500 in total ADA positions wiped out in the past day, shorts accounted for nearly 80% of the damage. Long positions absorbed the rest — about $135,200 — as buyers got caught on the wrong side of brief downward swings. Short sellers brought a knife to a gunfight and got their lunch money taken.

The technical case for a breakout rests on a structure that's been building since early 2022. Based on a chart shared by Minswap DEX's self-described chief meme officer Mintern on X, ADA has been trading inside a horizontal price channel for roughly four years, bouncing between a ceiling and a floor without breaking decisively in either direction. It's been consolidating like a coiled spring — or maybe just stuck in purgatory, depending on your vibe.

ADA's all-time high of $3.10 came in 2021. After that peak, the coin dropped sharply. By the week of January 17, 2022, it had fallen from $1.60 to below $0.91, before eventually settling near the top of the channel around $1.18. That range — from roughly $0.23 on the low end to $1.18 on the high end — has contained price action ever since. Four years of sideways action would make even a JPEG holder cry.

A descending trendline developed inside the channel starting around August 2025, when ADA peaked near $1.02 and then began forming a series of lower highs. Today, the price sits where that trendline meets the channel's lower boundary — a compression point that typically forces a decisive move. The chart is squeezing tighter than a bag holder's fists at break-even.

The unnamed trader's analysis calls for a breakout to the upside with a price target near $1.20 before the week ends. That would represent a roughly 380% gain from current levels in less than two days. That's not a prediction — that's a lottery ticket with extra steps.

Still, the prediction carries real weight only if its source does — and that source remains unknown. The trader behind the "ticking time bomb" call was never identified in the analysis Mintern shared, which raises obvious questions about credibility, track record, and motive. A 380% rally in under 48 hours is an extraordinary claim. Extraordinary claims demand more than an anonymous chart. Anonymous traders are about as reliable as a random DM offering to send you free ETH.

ADA market cap currently sits at $9.21 billion.

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Publishergascope.com
Published
UpdatedApr 11, 2026, 10:46 UTC

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