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Cardano Ecosystem

Blaze Trends

08/08/2022

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Cardano whales collect $138 million in ADA

Data provider Santiment recently said that Cardano whales accumulated a staggering amount of ADA tokens in June and that “it could get interesting” if this... The post Cardano whales collect $138 million in ADA appeared first on Blaze Trends.

Cardano whales collect $138 million in ADA

Data provider Santiment recently said that Cardano whales accumulated a staggering amount of ADA tokens in June and that “it could get interesting” if this trend resumes in August.


KuCoin 728x90

Whale addresses go for ADA

The whales bought $138 million worth of Cardano tokens in June. This happened less than a week after the price of the coin fell. The researchers point out that this will become especially interesting if these huge token purchases continue to continue.

At the beginning of July, whales also collected large numbers of ADA tokens. At the time, whales bought $79.1 million in ADA within a month. So if the trend continues, it could be a very good sign for the Cardano price.

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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