Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano Whales
Scoop Up $58 Million
ADA, Triggering
Double-Digit Weekly Gains
Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano’s price has rallied nearly 15% over the past seven days. This upward
trend is driven by increased accumulation activity from its large investors,
commonly known as whales.
ADA’s double-digit gains have put it ahead of leading cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта like
BTC and ETH, which have remained largely range-bound. A strengthening bullish
bias positions ADA to sustain this uptrend.
Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano Whales Drive Price Rally
Santiment data shows that ADA whales holding between 10,000,000 and
100,000,000 coins collectively bought 60 million ADA, worth over $58 million,
in the past seven days. As of this writing, this group of ADA investors holds
12.21 billion coins, marking their highest level in the past 30 days.
When whales increase their accumulation of an asset, it is a bullish signal,
signaling strong market confidence. This trend often encourages retail
investors to follow suit, reducing the asset’s supply on exchanges and driving
up its value.
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Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano Supply Distribution. Source: Santiment
On-chain data links the spike in whale accumulation to ADA s current
undervaluation, as indicated by its negative Market Value to Realized Value
(MVRV) ratio across multiple moving averages.
This metric, which assesses whether an asset is overvalued or undervalued
relative to its holders average cost basis, signals a buying
opportunity. Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano MVRV Ratio. Source: Santiment
A negative MVRV ratio, as seen with Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano , suggests undervaluation,
attracting ADA whales expecting a price recovery.
ADA Price Prediction• Математика » Прикладная математика » Прогноз: Key Support Level To Watch
ADA trades slightly above the support formed at $0.94 on the daily chart. If
whales continue accumulating, they will maintain this support level, anchoring
a return above $1 . Cardano• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Cardano Price Analysis• Математика » Математический анализ. Source: TradingView
However, if the bulls fail to defend this key support, it will drive ADA’s
price down to $0.85, invalidating this bullish projection.
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