Cardano (ADA) institutional investors are back, on-chain data suggests ADA $ADA CardanoADA CardanoCommunity
Ali added,"This trend indicates institutional investors' and ADA whales' increasing engagement, shedding light on their investment strategies."
"Large transactions," which are those that exceed $100,000 according to IntoTheBlock, often serve as a proxy for whales' actions. A rise in this statistic could be the result of a significant amount of buying or selling by this group of holders.Whales, or large holders, frequently take advantage of market losses or periods of consolidation to accumulate more assets at a discount.
At the time of writing, several cryptocurrencies were experiencing losses as a result of the most recent market selling wave.
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