Cardano Looks Dormant, But Whales Quietly Scoop Up $200 Million Worth of ADA

Although Cardano (ADA) remains among the top 10 altcoins by market cap, its price is still hovering around 2024 levels. While many holders express disappointment with ADA’s performance, accumulation continues quietly beneath the surface. What evidence supports this trend, and what impact could it have? The following analysis draws on on-chain data and expert insights. How Have Cardano (ADA) Whales Been Accumulating in November? Data from Santiment shows that “whales” and “sharks” — investors holding between 100,000 and 100 million ADA — have been accumulating heavily in a short period source: https://beincrypto.com/ada-whales-accumulate-aggressively-strongest/