{"id":9662,"date":"2022-03-04T14:45:42","date_gmt":"2022-03-04T14:45:42","guid":{"rendered":"http:\/\/egrowonline.com\/?p=9662"},"modified":"2022-03-04T14:45:42","modified_gmt":"2022-03-04T14:45:42","slug":"cardano-addresses-with-100000-ada-surge-again-as-price-is-down-66-from-ath","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=9662","title":{"rendered":"Cardano Addresses with 100,000+ ADA Surge Again as Price is Down 66% from ATH"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div><a target=\"_blank\" class=\"article__lead-img--wrapper\" href=\"https:\/\/u.today\/vladislav-sopov\" rel=\"noopener\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" width=\"224\" height=\"140\" alt=\"article image\" src=\"https:\/\/u.today\/sites\/default\/files\/2021-07\/8893.jpg\" class=\"author__item-user-avata\" \/><br \/>\n<\/a><\/p>\n<div class=\"article__lead-info\"><a target=\"_blank\" class=\"article__lead-name\" href=\"https:\/\/u.today\/vladislav-sopov\" rel=\"noopener\">Vladislav Sopov<\/a><\/p>\n<p>Number of Cardano addresses with 100,000+ ADA started surging again after 10-month decline<\/p>\n<\/div>\n<\/div>\n<div>\n<div class=\"article__contents\">\n<p>Contents<\/p>\n<ul class=\"article__contents-list\">\n<li class=\"article__contents-item\"><a target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h20\" rel=\"noopener\">Cardano (ADA) whales are back to accumulating<\/a><\/li>\n<li class=\"article__contents-item\"><a target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h31\" rel=\"noopener\">Cardano (ADA) price down almost 66% from its peak<\/a><\/li>\n<\/ul>\n<\/div>\n<p>Automated services noticed the largest inflow of Cardano&#8217;s native token,\u00a0ADA, to whale-controlled wallets. Here is why it looks unusual and might be an optimistic signal for Cardanians.<\/p>\n<h2 id=\"h20\">Cardano (ADA) whales are back to accumulating<\/h2>\n<p>According to\u00a0statistics shared on social media by an anonymous trader and analyst who goes by @mario_almanzar on Twitter, the number of Cardano&#8217;s wallets with 100,000 ADA and more is surging in recent\u00a0days.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Here&#8217;s a bit of hopium for <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&amp;ref_src=twsrc%5Etfw\">#Cardano<\/a> <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ADA<\/a> Hodlers. in the last week the amount of addresses holding 100k plus <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ADA<\/a> has spiked by almost 1k. Might be too early to tell but potentially we see whales accumulating big again. <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/t.co\/4VptCOW5iC\">pic.twitter.com\/4VptCOW5iC<\/a><\/p>\n<p>\u2014 Mario Bulos (@mario_almanzar) <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/mario_almanzar\/status\/1499734256049922053?ref_src=twsrc%5Etfw\">March 4, 2022<\/a><\/p><\/blockquote>\n<p>This metric spiked above 25,000 for the first time since January. In the mid-term, this metric is falling since the euphoria of May\u00a02021. Even the launch of Cardano&#8217;s smart contracts failed to catalyze the optimism of ADA whales.<\/p>\n<p>The analyst meets this upsurge with cautious optimism as it might signal a\u00a0major shift in the way Cardano (ADA) whales understand the markets.<\/p>\n<blockquote>\n<p>Might be too early to tell but potentially we see whales accumulating big again.<\/p>\n<\/blockquote>\n<p>In recent days, the number of wallets of this type increased by more than 1,000.<\/p>\n<h2 id=\"h31\">Cardano (ADA) price down almost 66% from its peak<\/h2>\n<p>At the same time, the Cardano (ADA) price has failed\u00a0to exit its multi-month\u00a0bear market. After its latest ATH, which was registered in May\u00a02021, at almost $3, the price retraced to $0.87.<\/p>\n<p>On Feb. 24, 2022, the price of ADA dropped to a one-year low at $0.75.<\/p>\n<p>At the same time, Cardano&#8217;s development activity is on fire. Its engineers from Input Output released an updated version of Daedalus software that is far more resource-efficient than the previous one.<\/p>\n<p>Also, its Sundaeswap DEX is now able to finalize swaps in less than one minute.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/u.today\/cardano-addresses-with-100000-ada-surge-again-as-price-is-down-66-from-ath\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vladislav Sopov Number of Cardano addresses with 100,000+ ADA started surging again after 10-month decline Contents Cardano (ADA) whales are back to accumulating Cardano (ADA) price down almost 66% from its peak Automated services noticed the largest inflow of Cardano&#8217;s native token,\u00a0ADA, to whale-controlled wallets. Here is why it looks unusual and might be an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[44],"tags":[340,1039,2076,266,195,371],"class_list":["post-9662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","tag-ada","tag-addresses","tag-ath","tag-cardano","tag-price","tag-surge"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/03\/13111.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9662"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9662\/revisions"}],"predecessor-version":[{"id":9664,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9662\/revisions\/9664"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/9663"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9662"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}