Cardano

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<ul class="news-points"> 
 <li><strong>ADA is being accumulated in the millions by sharks and whales, according to Santiment.</strong></li> 
 <li><strong>Additionally, ADA’s on-chain transaction volume has been rising over the past 6 months.</strong></li> 
 <li><strong>From a technical perspective, ADA’s price had lost the support of the $0.3007 mark over the past week.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/tag/cardano-ada/" target="_blank" rel="noopener noreferrer nofollow">Cardano (ADA)</a> whales holding 100K-10 million ADA have accumulated back to their highest level since September of 2022, according to a Twitter post shared earlier today by the on-chain analytics platform Santiment. These whales have accumulated $116.1 million more in ADA since 21 May 2023.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f433.png" alt="🐳" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9d0.png" alt="🧐" class="wp-smiley" style="height: 1em; max-height: 1em;"> As <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Cardano</a> sits just above $0.29, whales and sharks holding between 100K-10M <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ADA</a> have accumulated back to their highest level since September, 2022. Additionally, <a href="https://twitter.com/hashtag/onchain?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#onchain</a> transaction volume has been rising nearly every week for the past 6 months. <a href="https://t.co/x9mUHDIhnx" target="_blank" rel="noopener noreferrer nofollow">https://t.co/x9mUHDIhnx</a> <a href="https://t.co/X9WphDpPvy" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/X9WphDpPvy</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1688789040815075328?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 8, 2023</a> 
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<p>Additionally, Santiment’s data also indicated that ADA’s on-chain transaction volume has been rising over the past 6 months. There have also been back-to-back weeks with more than 67 billion in ADA transaction volume, which is the highest it has been …</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/ada-accumulation-reaches-its-highest-level-since-september-2022/">ADA Accumulation Reaches Its Highest Level Since September 2022</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

ADA Accumulation Reaches Its Highest Level Since September 2022

Coin Edition

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