Cardano Whale Wallets Holding 10 Million ADA Reach Four-Month High

According to Santiment (blockchain analytics platform), wallets holding at least 10 million ADA rose 5.2% over nine weeks to 424, even as Cardano remained down 26.7% year-to-date.

ADA

Summary

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Terms & Concepts
  • Whale: A large holder whose crypto positions are big enough to potentially influence market activity or sentiment.
  • Wallet: A blockchain address or tool used to store, send, and receive digital assets such as ADA.
  • Cardano: A blockchain network that uses its native token, ADA, for transactions and ecosystem activity.