#BinanceHODLerPLUME Wonderful, here are the most prominent practical examples and recent activities that show the movements of "whales" towards Cardano (ADA):
Recent examples of whale behavior towards ADA
1. Collective buying during the price drop (last two weeks)
During the price drop to around $0.72, whales purchased 200 million ADA within 48 hours, transferring these coins to private wallets (cold wallets), indicating an intention to hold for the long term rather than short-term speculation.
(AInvest)
2. Rapid upward activity before the price increase
A report shows that whales have doubled their activity by 25% over the past week, contributing to a rise in ADA of about 3.4% on August 15.
There is a significant concentration of tokens (~405 million ADA) distributed across addresses that control more than 10% of the circulating supply.
(AInvest, The Currency analytics)
3. Massive trading worth $157 million over two days
