Cardano Whales Quietly Accumulate
Airdrop and Ways to earn money
1
Posts
1
Posters
1
Views
-

Cardano (ADA) has been trading sideways, up just 2.2% over the past week, but on-chain data shows whales are back in action. Wallets holding 10M–100M ADA increased their combined holdings by 50M ADA (~$32.5M) over the past two days.
Meanwhile, coin movement is slowing, with the Spent Coins Age Band dropping 36% since October 11, hinting at rising dormancy. Analysts say stronger accumulation is needed before confirming a bullish base.