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Crypto

Cardano Whales Pile on Over 240M ADA Amid Market Recovery

Guavy AI Editorial Team
Instruments
ADA
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Large Cardano holders have been expanding their positions in recent days, fueling confidence in ADA's market recovery. According to data from Santiment, whales accumulated more than 240 million ADA over the past five days, pushing their combined holdings to around 14.5 billion ADA.

This accumulation is seen as a bullish signal for crypto investors, suggesting stronger adoption and positive market sentiment. The recent price recovery of Cardano has been gaining momentum, with its market cap reaching $2.25T.

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