Cardano Whales Accumulate 410 Million ADA in April, Signaling Potential Price Surge
04.05.2025 00:32
In April 2025, significant whale accumulation was observed across major cryptocurrencies, notably Cardano (ADA), with over 410 million ADA—worth nearly $300 million—bought by large investors. This marked a shift from earlier in the year when widespread sell-offs dominated the market amid global financial uncertainty, including US-initiated trade tensions. Alongside notable buying sprees in Bitcoin (BTC) and Ripple (XRP), ADA’s price rebounded from a multi-month low of $0.5 to $0.7, up around 40%. Analysts suggest this sustained whale accumulation may have a positive long-term effect on Cardano’s price trajectory, provided these large holders continue to buy rather than sell.
Increased whale accumulation after a period of sell-offs creates strong bullish sentiment, suggesting potential for further price growth if accumulation persists.
Sources
Cardano: A coiled spring? Whales accumulate, price rebound
crypto.news
03.05.2025 20:00
Cardano Whales Accumulate 410 Million ADA in April 2025
bitcoininfonews.com
03.05.2025 13:46
410 Million Cardano (ADA) in April: Whales Bullish?
u.today
03.05.2025 13:33
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