Whale Holdings in Cardano’s ADA Token Hit Record High
ashamedOil9
May 14
Cardano’s programmable blockchain’s decentralized finance (DeFi) ADA token has seen sharp growth as large investors, commonly referred to as “whales” appear to be picking up the asset which has fallen in price more than 30% this year. ADA wallets containing one million to ten million tokens have increased 41% since January, according to IntoTheBlock, a blockchain analyics firm. The Cardano network increased by $50 million of total value in a week hitting an all-time-high of $160.79 million, a...
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