Cardano currently ranks as 10th largest cryptocurrency by market capitalization
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Large holders' inflows might indicate that considerable buying activity is taking place. This is the case because whale addresses buy on centralized exchanges and subsequently transfer their purchases to cold storage.Spikes in Large Holders Inflows can also indicate price bottoms because whale addresses prefer to buy in large quantities after significant corrections.The ADA price is attempting a rebound after falling to a low of $0.
In a significant milestone, Cardano has hit 89 million network transactions, a testament to the increasing activity and utilization of the blockchain.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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