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Home » Cardano whales anticipate ADA price rally, scoop up highest token volume since September 2022 – FXStreet

Cardano whales anticipate ADA price rally, scoop up highest token volume since September 2022 – FXStreet

Cardano whales anticipate ADA price rally, scoop up highest token volume since September 2022 – FXStreet

Share: Cardano whales and sharks that hold between 100,000 and 10 million ADA tokens are accumulating the altcoin.  Whale accumulation has hit the highest level since September 2022.  Cardano’s on-chain transaction volume is in a consistent uptrend, supporting potential ADA price rally. Cardano (ADA) network’s whale and shark investors are rapidly accumulating ADA tokens. Accumulation of an altcoin by whales is typically considered bullish for assets. Cardano price is therefore likely to see a rally in the short term, based on whale activity and bullish on-chain metrics.Also read: Ripple XRP gears up for a massive price rally as Korea’s prosecutors… 

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