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28 New Whales Holding At least 1M ADA Appeared As ADA Posts 30% Gains

ADA is showing positive on-chain metrics.

Cardano’s ADA is up 30% since December, per a tweet from Santiment Feed yesterday.

According to the crypto analytics platform, 28 new whale addresses holding at least 1 million ADA have appeared since the price rally kicked off, implying aggressive accumulation of the asset. In addition, Santiment points out that trading volume and large whale transactions have tapped levels last seen in November.

(By Mark Brennan)

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