Whales Holding 100m-1b ADA Increase Their Holdings by 11% in 30 Days

IconCNT15 May, 2024

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Whales Holding 100m-1b ADA Increase Their Holdings by 11% in 30 Days

IntoTheBlock reported via X that the number of whales holding between 100 million and 1 billion ADA has increased by 11% over the past 30 days. Whales now control a significant portion of the ADA supply, which could impact the price of the cryptocurrency in the future. Previously on 15 May 2024, IntoTheBlock reported that whales with large ADA holdings were accumulating the cryptocurrency. This latest report suggests that whales are continuing to accumulate ADA, which could be a sign that they are bullish on the long-term prospects of the cryptocurrency.