Cardano Whales Accumulate 410 Million ADA in April
- Cardano is trading just below $0.75, consolidating after a recent upward move.
- Whales accumulated over 410 million ADA throughout April, indicating confidence from large holders.
- The price has gained over 40% since early April lows, showing resilience amid market uncertainty.
- Key support is at $0.66, with resistance at the $0.75–$0.80 range.
- Bulls aim to reclaim the 200-day moving average around $0.77 for a potential rally.
Cardano’s current trading activity shows significant whale accumulation of over 410 million ADA in April, suggesting strong confidence among large investors and setting the stage for a potential breakout if key resistance levels are surpassed.
Source (2.6)https://www.newsbtc.com/news/cardano/cardano-whales-accumulated-410-million-ada-in-april-breakout-coming/?rand=52377
