Cardano Whales Grab $138 Million in ADA, Here’s Why It Could Be Interesting: Santiment

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U.Today
14w ago2022-08-06
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In a recent tweet, Santiment data provider shared that in June Cardano whales and sharks acquired a staggering amount of ADA and “it could get interesting” should this trend resume in August.

Whale addresses are after ADA

A comprised $138 million worth of Cardano’s native token ADA was bought by whale and shark wallets back in mid-June, as per Santiment, just within a week after the price of the token dropped at that time.

Santiment team pointed out that for now this amount does not seem astonishing, however, if these investors continue buying up ADA in August, things may get interesting.