Cardano Whales Accumulate $348 Million in ADA After Price Dip

Cardano whales have taken advantage of the recent price drop below $0.50, accumulating a substantial amount of ADA over the past four days. Data from Santiment indicates wallets holding between 100,000 and 100 million ADA added 348 million ADA to their holdings. This represents approximately 0.94% of the total Cardano supply, valued at roughly $204.3 million. The move follows a period of price decline, with key stakeholders responding by increasing their positions.