Crypto Sharks Are Heavily Accumulating Cardano, Taking Dip Buying of ADA to New Level: Analytics Firm – The Daily Hodl

A leading analytics firm says that deep-pocketed investors of Cardano are loading up on ADA and have been heavily buying dips since the high-profile implosion of FTX. Santiment says that addresses with a balance of 10,000 to 100,000 Cardano now hold their largest percentage of the supply in a year and a half to the tune of four billion ADA tokens. “Key Cardano sharks have been accumulating steadily since June. And they have taken this level of dip buying to a new level since the FTX fallout in early November. Addresses holding 10,000 to 100,000 ADA have added $83 million