Cardano 28,372% Surge, What Does It Mean For Cardano?
Cardano (ADA) has seen an uncommon flood in large holder inflows, a metric that tracks funds going into whale addresses. This denotes a huge improvement in Cardano's journey to keep up with its position among the top 10 digital currencies by market capitalization.
As per information from IntoTheBlock, Cardano (ADA) is seeing a stunning 28,372% flood in large holder inflows, which soared from 54.93 million ADA on April 13 to 6.32 billion ADA on April 14. Large holders' inflows could show that significant purchasing action is occurring. This is the case since whale tends to purchase on centralized exchanges and subsequently move their buys to cold storage.
Read Also: Grant Thornton Pensions Fund Selects Cardano as Fiduciary Manager
Spikes in Huge Holders Inflows can likewise dem...