Cardano (ADA) has fallen below $1 amid a market sell-off, resulting in $788 million in liquidations across crypto assets. Despite this, on-chain data indicates increased whale activity, with large transaction volumes rising to $14.22 billion, suggesting potential accumulation and a future price rebound. Currently, ADA is down 7.22% in the last 24 hours, with support expected around $0.845, while a recovery above $1.20 could lead to further gains.