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Santiment Says Fresh Leverage Joined Cardano Rally as ADA Funding Flipped Positive

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Santiment Says Fresh Leverage Joined Cardano Rally as ADA Funding Flipped Positive

Santiment questions the ADA short-squeeze narrative as Cardano open interest rises to $304 million alongside higher whale activity and fresh leverage. Cardano’s latest rally came with a sharp rise in leverage, complicating the idea that ADA moved higher mainly because shorts were forced out.

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