Cardano (ADA) has seen significant surge in whale activity, with impressive $13.84 billion in large transactions reported over past week
Cardano has seen significant surge in whale activity, with impressive $13.84 billion in large transactions reported over past weekDisclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies.
For comparison, this is a third of Bitcoin's current volume, 5x as much as Litecoin's volume and over 16x that of Dogecoin!Cardano Wallet Activity Declines, Cause for Concern? The divergence between on-chain activity and market sentiment raises questions about the underlying factors driving Cardano's recent surge in whale activity and how it will affect the token's price.
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