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Cardano Bulls Withdraw $100M, Eyeing ADA Price Surge Coinpedia 26 Nov 2024

Cardano Bulls Withdraw $100M, Eyeing ADA Price Surge 🐂

Cardano (ADA) bulls display strong confidence, despite the cryptocurrency's recent price dip below $1. Investors have withdrawn a significant amount, $100 million worth of ADA, from exchanges over a span of just two days.

This large withdrawal indicates a reduced intent to sell and suggests potential upward pressure on ADA pricing. Furthermore, on-chain data shows a positive shift in Cardano's Spot Inflow/Outflow metrics, underscoring improved outflows which may bolster future price increases.

Sumber: coinpedia.org ↗

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