Cardano has experienced a significant surge in large transactions, increasing by 32% within a 24-hour period and 138.11% over the past week. This uptick suggests growing interest and activity from significant investors or 'whales' in the ADA market.
Such a substantial increase in whale transactions typically signals positive sentiment among large investors, potentially driving ADA's value upward due to increased demand.
This trend may also attract further investor interest, contributing to a positive outlook for Cardano's future market performance.
