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International Business Times
International Business Times
Business

Cardano Whales Are Buying: Is This ADA's Bottom or a Trap?

ADA Cardano Santiment Charles Hoskinson
Cardano (Credit: IBTimes US)

Cardano just staged the kind of bounce that makes traders nervous, not confident.

ADA added 14,783 new non-empty wallets in the days after its June 23 bottom, per on-chain firm Santiment, then ripped roughly 24% in a week, touching $0.199 on July 5 before settling near $0.181.

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