Cardano Whales’ Accumulation Hits 420 Million ADA Even As Price Fails Breakout

Cardano (ADA) has recently struggled to breach a key barrier despite the support of large investors and improving market conditions.   The price of ADA remains below critical resistance levels, but with whales accumulating significant amounts of ADA, the altcoin’s breakout potential seems promising. If market conditions continue to improve, Cardano could see a positive shift in price momentum. Cardano Whales Are Optimistic Whale activity was strong in April, with addresses holding between 10 million and 100 million ADA and purchasing over 420 million ADA, worth approximately $289 million, bringing their holdings to 12 source: https://beincrypto.com/cardano-whales-accumulate-even-as-price-fails-breakout/