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Whales Accumulate Over 180 Million ADA As Cardano Price Faces Short-Term Pressure

Summary by Blockchainreporter
Whales accumulated 180M ADA amid price drop, signaling strategic positioning. ADA’s largest spike followed a small increase in whale holdings. Despite weak price momentum, trading volume rose 9.15% on May 29. Large Cardano (ADA) holders have accumulated over 180 million tokens in the span of one week, even as the asset experienced notable price swings. Data covering April 21 to May 29, 2025, shows consistent buying behavior from wallets holding …
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Blockonomi broke the news in on Thursday, May 29, 2025.
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