Feb 26, 2026
3 0
BULLISH 📈 : Cardano whales boost holdings by 819M ADA despite price drop
On-chain analytics indicate that significant investors, known as sharks and whales, are quietly accumulating Cardano despite recent price declines.
Key Points
- Sharks and whales have increased their Cardano holdings by 1.6% over the past six months, adding 819.4 million tokens valued at $248 million.
- Their supply share has risen from 66.84% to 68.44%, signaling increased interest among large investors.
- This accumulation coincides with a price drawdown, suggesting these investors see value in buying at lower prices.
- The trend of accumulation has intensified recently, indicating strong confidence among key investors.
Current Price Movement
- In the last 24 hours, Cardano's price surged by 14%, reaching $0.30.
The future impact of this accumulation on the market remains uncertain as investors await further developments.