Cardano

<ul><li>Cardano sees a major uptick with older wallets moving ADA at the highest rate since April 2022.</li><li>Whales holding 100k-10M ADA added 43.71M coins in two weeks, owning 33.71% of the total supply.</li><li>Boosted by altcoin recovery, Cardano&#39;s price surged 23%, with a significant 51% rise in daily trading volume.</li></ul>In light of a recent analysis by <a href="https://cryptotale.org/?s&#61;Santiment" rel="noopener noreferrer nofollow">Santiment</a>, Cardano ($ADA) has been experiencing a wave of optimism and growth, which is riding the altcoin market&#39;s recovery wave. The report has drawn attention to the significant activities surrounding the <a href="https://cryptotale.org/?s&#61;ADA&#43;coin" rel="noopener noreferrer nofollow">ADA coin</a>, particularly among the coin&#39;s more substantial holders, termed as &#34;sharks&#34; and &#34;whales.&#34;Santiment&#39;s latest study spotlights a considerable increase in the activity of dormant ADA coins. This past Monday saw the highest rate of older ADA wallets shifting funds since April 2022, suggesting a changing landscape in the market.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/757b9ca5cf0d440f95ec149d4dabec03.png" />Furthermore, over the past two weeks, entities holding between 100k to 10 million ADA have accumulated an impressive 43.71 million ADA. This surge takes their holdings to approximately 33.71% of <a href="https://cryptotale.org/cardanos-ada-at-a-crossroads-will-0-239-support-hold-or-break/" rel="noopener noreferrer nofollow">Cardano&#39;s</a> supply.One can&#39;t help but notice the confidence these substantial ADA holders are displaying, and their actions could be a harbinger of a bullish future for Cardano. With these big players scooping up such large quantities, there’s a strong belief in ADA&#39;s potential in the coming months.Read full article at<a href="https://cryptotale.org/ada-shows-bullish-indicators-as-report-reveals-significant-accumulation/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

ADA Shows Bullish Indicators as Report Reveals Significant Accumulation

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