In a market with confusing sentiment, Cardano (ADA) whales have taken notable action over the past 24 hours. The high level of activity has given hope to investors and traders, suggesting that something significant may be on the horizon.
An on-chain analytic firm, IntoTheBlock, reported that 19.5 billion ADA tokens, valued at $6.48 billion, were moved by Cardano whales within a single day.
This level of whale activity often indicates upcoming price movements or strategic changes within the Cardano network that could impact its market position significantly.
