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ADA Price : Cardano Whales Accumulate 130M Tokens as Price Tests $1 Resistance Blockonomi vor 3 Wochen

ADA Price : Cardano Whales Accumulate 130M Tokens as Price Tests $1 Resistance 🐋

Cardano whales have made significant moves by accumulating 130 million ADA tokens during a recent dip when the price was at $0.30. This accumulation has helped the ADA price rebound to $0.99, reflecting a strong weekly gain of 18.5%.

Currently, 70% of ADA holders are realizing profits, and a notable 71% of these are long-term holders. This indicates a strong hold sentiment within the community.

Technical indicators point towards bullish momentum with the Relative Strength Index (RSI) reaching 74.66, indicating overbought conditions as the price tests a key resistance at the $1.00 level.

Quelle: blockonomi.com ↗

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