Large Cardano wallets holding between 100,000 and 100 million ADA have accumulated 320 million tokens since early July, reaching their highest holdings since February 2023. Meanwhile, retail investors have reduced their ADA exposure amid the token's recent weakness. Cardano price is currently trading near $0.158, holding above the key support level of $0.15. For a bullish recovery, ADA needs to break resistance levels at $0.18 and $0.20. This accumulation by whales amid market weakness suggests potential for stabilization and future price recovery.
Cardano wallets holding between 100,000 and 100 million ADA have increased their holdings to over 25.6 billion coins, the highest since early 2023. This accumulation happened over four months while ADA traded near multi-year lows, indicating large in...
Cardano has ratified the van Rossem hard fork, scheduled for July 18, marking the first upgrade fully driven by its decentralized on-chain governance. This upgrade advances Cardano to Protocol Version 11, introducing cheaper smart contract execution ...
Large Cardano holders, or whales, have increased their ADA holdings to a 3.5-year peak by absorbing over 25.6 billion tokens amid retail investors selling at multi-year lows. This shift reflects strong hands capitalizing on market pessimism, as small...
Cardano's price dropped over 14% this week to about $0.158, facing bearish technical signals and negative futures funding rates. Despite this, large holders with 100K–100M ADA have increased their holdings by 320 million tokens since early July, push...
Large Cardano holders, or whales, now control 67.5% of ADA's circulating supply, the highest since July 2020, as they accumulate despite ADA's price dropping over 70% in nine months. Meanwhile, retail investors are selling off their holdings. Cardano...
