Here's who pushed Cardano (ADA) 65% higher CardanoADA ADA $ADA CardanoCommunity
According to it, Cardano whales are showing major signs of life, with the network seeing the highest whale transactions since FTX's collapse. This comes as addresses with 100,000 to 100 million ADA now have the most in their combined wallets since Nov. 8.
On Feb. 4, Santiment observed that large transactions, referring to those that surpass $100,000, had hit a 12-week high."Cardano's price is up +65% in 2023, and key shark & whale accumulating has had a lot to do with this. Addresses holding 100K to 100M ADA now hold the most in their combined wallets since Nov. 8th.
Cardano's total value locked, or TVL, is currently $101.38 million per DefiLlama data, an amount that was last seen in mid-August 2022. With the inclusion of staking, the value is even higher at $126.81 million. Cardano DEXes were seen outperforming for the past month. Optim Finance's TVL is up 114% monthly, other DEXes are recording monthly gains between 27% and 81%.
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