Cardano News: Cardano's ADA flips ETH for most traded among the top 500 BNB Chain whales, here's what is going on
Cardano News reports:In 2023, the Cardano (ADA) dynamic password is gradually bouncing back because it has already recovered about 1/3 of the damage value. Interestingly, ADA is one of the most popular properties for landing password whales in recent years. According to WhaleStats, a Crypto data tracking company, Cardano has converted the ETH of Etay Fong into the most traded dynamic password among the top 500 BNB chain whales.
Oval has become the new favorite of hidden whales.
According to WhaleStats, Cardano's ADA is among the 500 largest BSC whales purchased in the past 24 hours. This kind of digital currency is one of the loan currencies that are relatively unaffected during the collapse of FTX.
On February 4, 2023, Santiment, an online analysis platform, reported that the price of Cardano (ADA) had soared by more than 65 per cent since the beginning of 2023 as ADA investors accumulated a cumulative trading volume of $162.34 million.
The price of # Cardano rose by 65% in 2023, and the accumulation of important great white sharks and whales has a lot to do with it. The $100000 to $100m ADA address since Nov. 8 is now the largest number of detailed addresses in their collaborative wallet. Today, the sale of whales worth more than $100000 set a 12-week record. Https://t.co/Od5c4Qw0qn pic.twitter.com/LmvmXnMZQe
-Santiment (@ santimentfeed)
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Will the price of Cadano soar?
Cardano (ADA) is showing signs of recovery, with prices soaring nearly 60 per cent over the past 30 years. At the time of writing, Cardano was worth $0.387, up 3.37 per cent over the past seven times.
On December 30th, 2022, the price of ADA is $0.248. Since then, the value of Cardano (ADA) has risen by 58.3%. This impressive improvement can be attributed in part to key participants in the login password sales market (great white sharks and whales).
This is an established sign that the increased accumulation of large and medium-sized investors has pushed up the value of ADA. In addition, Cardano continues to enrich its popularity and strong performance, making it a competitor worthy of your investment.
Exemption agreement: the information provided in this article is only for reference to the author's opinion, not an analysis of investment value.