👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Why Whales Have Been Stocking up on ADA Over the Last 6 Weeks

Published 28/12/2022, 11:25
Why Whales Have Been Stocking up on ADA Over the Last 6 Weeks

  • The Santiment team wonders if ADA is undervalued.
  • ADA sharks and whales have been accumulating the token.
  • The token saw a 4.81% drop in price over the last 24 hours, and now trades at $0.2513.

The market intelligence platform Santiment took to Twitter on December 27 to share some information about Cardano (ADA) and what has been happening with the Ethereum killer over the past few weeks.

Cardano / Tether US 1D (Source: TradingView)

According to the post, key members of the Santiment team believe that ADA could be undervalued at the moment. They believe that this is e ...

The post Why Whales Have Been Stocking up on ADA Over the Last 6 Weeks appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.