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ADA Trading Could Peak Over New Update After Testnet Hard Fork.
On-chain analytics data reveals an interesting pattern around whale activity with Cardano’s ADA in the last one month or so. In the last 30 days, ADA price fell from a high of around $0.64 to $0.47. Meanwhile, big whales have also stopped selling ADA, in what could be a sign of price increase anticipation.
ADA Accumulation By Whales On The Rise 🦈
According to cryptocurrency on-chain and social metrics data provider Santiment, whale activity around ADA is on the rise. In the last 30 days, whales collectively added $79.1 million worth ADA to their bags, the data shows. Interestingly, this accumulation is found to have been done by addresses holding 10,000 to 100K ADA.
https://coingape.com/ada-price-accumulation-rising-new-update-after-testnet-hard-fork/
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