DARK-MED
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Cardano whales accumulate to 420 million ADA✨🤩
Cardano
ADAUSDT
Recently faced difficulty in breaking a key barrier despite support from large investors and improved market conditions.
The price of ADA remains below critical resistance levels, but with the accumulation of whales holding large amounts of ADA, the potential for a breakout for the altcoin looks promising. If market conditions continue to improve, Cardano may witness a positive shift in price momentum.
Whales in Cardano are optimistic
Whale activities were strong in April, with addresses holding between 10 million and 100 million ADA and purchasing over 420 million ADA, worth nearly 289 million dollars, raising their holdings to 12.89 billion ADA from 12.47 billion ADA. This ongoing accumulation by the largest holders of Cardano is a significant indicator of confidence.
Whales play a key role in potential price movements of ADA, and their continued accumulation indicates that they believe in the long-term value of the asset. Large-scale accumulation can help shift market sentiment in a positive direction. As more influential ADA holders increase their positions, the likelihood of price increases grows.
$SOL
Cardano
ADAUSDT
Recently faced difficulty in breaking a key barrier despite support from large investors and improved market conditions.
The price of ADA remains below critical resistance levels, but with the accumulation of whales holding large amounts of ADA, the potential for a breakout for the altcoin looks promising. If market conditions continue to improve, Cardano may witness a positive shift in price momentum.
Whales in Cardano are optimistic
Whale activities were strong in April, with addresses holding between 10 million and 100 million ADA and purchasing over 420 million ADA, worth nearly 289 million dollars, raising their holdings to 12.89 billion ADA from 12.47 billion ADA. This ongoing accumulation by the largest holders of Cardano is a significant indicator of confidence.
Whales play a key role in potential price movements of ADA, and their continued accumulation indicates that they believe in the long-term value of the asset. Large-scale accumulation can help shift market sentiment in a positive direction. As more influential ADA holders increase their positions, the likelihood of price increases grows.
$SOL
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