Whales Have Landed in This Altcoin! “They’re Collecting Stably!”

Bitcoin (BTC) especially cryptocurrencies It experienced sharp declines due to the bear market that dominated 2022.

Crypto whales as the crypto market continues to suffer from sharp drops altcoin continues to accumulate.

crypto whales from Ripple (XRP) on-chain data provider that then started accumulating another altcoin centimentwhales are now also the ninth largest cryptocurrency by market cap Cardano (ADA) He said he collected

Key whale and shark addresses have remained stable even after the collapse of crypto exchange FTX last November. ISLAND Santiment wrote that these shark addresses already have more than 4 Billion ADA tokens.

Cardano has been steadily accumulating key shark addresses since June.

And they’ve taken bottom buying to a new level since the FTX crash in early November.

Addresses holding between 10,000 and 100,000 ADA have added $83 million worth of coins since Nov. “

🦈 Key #Cardano sharks have been accumulating steadily since June. And they have taken this level of dip buying to a new level since the #FTX fallout in early November. Addresses holding 10k to 100k $ADA have added $83M worth of coins since November 7th. https://t.co/ispmPHym3G pic.twitter.com/zPRbi6ZON1

— Santiment (@santimentfeed) December 22, 2022

It has undergone major price corrections in the last few months. CardanoDespite the declines it has experienced, it continues to maintain its position among the top ten cryptocurrencies by market capitalization.

at the time of writing ISLANDcontinues to trade at $0.2659, up 2.5% in the last 24 hours.