Cardano's ADA is poised for a potential breakout as whale wallets have accumulated over 20 million ADA in the past 24 hours, according to Coinotag. This significant accumulation is tightening spot liquidity and is supported by a dominance of long positions in derivatives, which now make up over 72% of the market. Open Interest in ADA futures has increased by approximately 3.7% to $1.92 billion, indicating fresh capital inflows. These developments suggest a possible breakout above the $0.93 resistance level, with price targets ranging from $1.02 to $1.16 if buying pressure persists. The current market setup, characterized by on-chain whale accumulation, derivatives long dominance, and rising Open Interest, provides a favorable environment for ADA's price movement. Traders are advised to keep an eye on liquidity zones and derivatives metrics for potential risks.