Whales Scoop Up 410M ADA in April—What’s Going On? – BlockNews
Whale Accumulation: In April, crypto whales accumulated over 410 million ADA, valued at nearly $300 million, signaling renewed interest in Cardano. Market Sentiment Shift: This marks a major turnaround from February–March, when large ADA holders were actively selling amid macroeconomic uncertainty like Trump’s tariff-driven trade tension. Price Recovery: After dropping to $0.50, ADA has rebounded by about 40% to $0.70. Continued accumulation by whales
- Whale Accumulation: In April, crypto whales accumulated over 410 million ADA, valued at nearly $300 million, signaling renewed interest in Cardano.
- Market Sentiment Shift: This marks a major turnaround from February–March, when large ADA holders were actively selling amid macroeconomic uncertainty like Trump’s tariff-driven trade tension.
- Price Recovery: After dropping to $0.50, ADA has rebounded by about 40% to $0.70. Continued accumulation by whales could strengthen long-term bullish momentum.
So, get this—according to analyst Ali Martinez, crypto whales went on a bit of a shopping spree last month, grabbing over 410 million ADA. At today’s prices, that’s roughly $300 million. Yep, you read that right.
A Complete U-Turn From February’s Sell-Off
What’s wild is this marks a total shift from just a couple months ago. Back in late February and into mid-March, the big players were dumping ADA like hot potatoes. Headlines were filled with sell-off warnings, and sentiment was… not great.
Blame it on the chaos from the U.S.-China trade war mess. When President Trump kicked things off with those tariffs, financial markets got rattled, and crypto definitely felt the heat too.
The Comeback Is Real
But now? Different story. The trade war drama has cooled a bit, and whales are trickling back into crypto—with size. Just this week, reports dropped that whales scooped up $4 billion worth of BTC in two weeks. And let’s not forget the 900 million XRP haul in April, either.
While ADA’s numbers aren’t as jaw-dropping, they’re still a big deal. It shows that sentiment’s changing—and fast.
ADA Price Climbs After Multi-Month Low
Earlier this April, ADA had slipped down to around $0.50, hitting a multi-month low. Since then? A quiet bounce back, up about 40%, sitting now at $0.70-ish.
Sure, prices are still lagging behind the hype… but if these big buys keep rolling in—and the whales stay in accumulation mode instead of flipping for short-term gains—ADA might just be warming up for something bigger.
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