Overview
- Santiment says wallets holding at least 10 million ADA rose to 424 after a 5.2% climb over nine weeks, the highest since December.
- TapTools reports more than 4 billion ADA moved on-chain in five days, worth over $1 billion at recent prices.
- ADA trades near $0.24 and sits below its 50, 100, and 200-day exponential moving averages, which points to a bearish setup.
- Analyst Ali Martinez says large holders bought about 220 million ADA in March, taking whale balances to nearly 14 billion tokens, or about 37% of supply.
- Cardano’s recent volume still trails rivals, with Solana near $2.6 billion and XRP around $1.5 billion over the same stretch, and Santiment says any bullish shift would likely need sustained demand.