Cardano (ADA) retested the $0.25 price level once again after the broader cryptocurrency market drawdown, reflecting a weakening and cautious environment. Yet beneath the surface, investor behavior is beginning to tell a different story.
During the period, the whales and sharks, wallet addresses holding between 100,000 and 100 million ADA, have cumulatively acquired more than 819.4 million ADA, valued at over $213.9 million despite ongoing market pressure.
Even with the price of Cardano falling by over 71% from $0.90 to $0.26, these investors remain unshaken by the pullback and have amassed about 1.6% of the total supply in the market. When investors are buying during heightened volatility, it often suggests that they could be preparing for a long-term recovery beneath the surface.
A Shift In Cardano’s Monthly Structure
