Cardano 'sharks' scoop up 79.1 million ADA ahead of Vasil hard fork

Cardano 'sharks' scoop up 79.1 million ADA ahead of Vasil hard fork

ADA accumulation occurs despite a technical outlook threatening a 35% price crash by September 2022. The decline in Cardano (ADA) price this year has prompted some of its richest investors to accumulate the token.Cardano sharks in buying spreeNotably, addresses holding between 10,000 and 100,000 ADA, also called "sharks," have added 79.1 million tokens (~ $37.7 million as of July 9) to their reserves since June 9, according to data from Santiment. Cardano shark addresses. Source: SantimentMeanwhile, Cardano "whales" that hold between 100,000 and 1 million ADA have stopped selling.Holding a....


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