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Cardano Hits Multi-Year High: Whale Accumulation and Institutions Fuel ADA Surge
- Cardano (ADA) has surged by 90%, reaching its highest point since May 2022.
- Whales are accumulating ADA, with an estimated $12 billion worth of the cryptocurrency held by whales.
- Institutional demand for ADA is growing, reflected in a 30% increase in large transactions involving the asset.
- Analysts predict that if the bullish momentum continues, ADA could rise to $15.
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