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Image Credit: Zycrypto

Cardano Whales Scoop 160 Million ADA After Price Dip; What Do They Know?

  • Cardano (ADA) experienced a price pullback after reaching $1.33, prompting profit-taking by investors.
  • Despite the price dip, Cardano whales have taken advantage and accumulated 160 million ADA.
  • The accumulation of ADA by whales reflects growing confidence in the Cardano ecosystem, as evidenced by increased liquidity, active daily traders, and rising TVL.
  • The accumulation of ADA at around $0.90 suggests a potential price rebound.

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