Cardano Whales Accumulate 240M ADA Amid Price Surge

Cardano's (ADA) price has climbed nearly 12% over the past week to trade around $0.184, outperforming much of the broader crypto market.

According to on-chain analytics platform Santiment, large investors accumulated more than 240 million ADA in whale wallets over the past five days.

This influx of buying pressure has tightened available market liquidity and reduced liquid supply on exchanges, which can amplify price moves whenever fresh buying enters the market.

Support for ADA also comes from Cardano's latest development roadmap, with Intersect outlining the first steps toward the Dijkstra hard fork era after community approval of Protocol v11 (Van Rossem hard fork) through on-chain governance.