80 Million Cardano $ADA purchased by Whales recently 🔥🔥
Cardano (ADA) has recently experienced significant interest from whales—large holders of cryptocurrency.
Over the past few weeks, whales have accumulated over 80 million ADA tokens, with total purchases surpassing 130 million ADA during price dips.
This activity occurred primarily during a consolidation period when ADA was trading below $0.80, signaling confidence in its long-term potential.
This whale activity aligns with historical trends where large investors capitalize on lower prices to accumulate tokens, often driving subsequent price rallies.
Recently, ADA's price has risen sharply, surging by over 21% in a week and nearing $1.19, supported by increased trading volume and positive on-chain indicators.
The renewed interest in Cardano could reflect optimism about its ecosystem development and its competition with Ethereum in the blockchain space.
Analysts predict potential further price growth if whales maintain their accumulation strategy.
These developments emphasize the strategic role whales play in influencing cryptocurrency markets, often stabilizing prices during dips and contributing to bullish momentum during rallies.
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