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ADA Coin Sees Sudden Interest from Crypto Whales; Time To Buy?

In 2023, Cardano (ADA) token is gradually staging a rebound as it has reclaimed about a third of its lost value. Interestingly, ADA is among one the most purchased assets by crypto whales this year. WhaleStats, the Crypto data tracker, reported that Cardano has flipped Ethereum’s ETH for the most traded token among the top 500 BNB Chain whales.

According to WhaleStats, Cardano’s ADA ranks among the purchased assets for the 500 biggest BSC whales in the last 24 hours. This cryptocurrency is one of those which remained relatively untouched amid the FTX collapse.

On February 04, 2023, Santiment, an on-chain analytics platform, reported that the price of Cardano (ADA) has surged over 65% from the start of 2023 mainly due to ADA investors accumulating a total volume of $162.34M.

Cardano Cardano $0.92
-9.53%
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