Addresses holding from $10 to $1 million worth of tokens are actively accumulating $ADA, according to on-chain data
Only 7% of project holders could be sorted out as long-term traders. But according to the profitability of the token, the majority of the market remains in losses as only 9% of all holders are currently profitable.
As data suggests, currently around 85% of all Cardano holders are in losses, which put the asset in the category of worst performing digital assets on the market in terms of both short- and long-term profitability.is most likely tied to both its market and social performance. As market data suggests, the largest buying volumes were present on Cardano during its run to $3, after which the asset faced a 65% correction.
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