ADA Whales May Be Main Validator for ADA Price Breakout: Santiment

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• Market intelligence platform Santiment tweeted ADA was enjoying a surge due to ADA whales.
• ADA started off the week in the red zone, but the bulls pushed it to the green zone.
• ADA is testing the 200-day MA. If the bulls push hard, ADA could break the 200-day MA.

Market intelligence platform Santiment tweeted that Cardano (ADA) was enjoying a price surge as wallet addresses holding between 1M to 100M added back 217.2M ADA to start 2023. Notably, these wallets added these amounts after they dumped 568.4M coins in the final 2 months of 2022.

Due to wallets adding the above-mentioned amount, ADA’s price surged by 8% during the last two days and is up by 11%.

#Cardano is enjoying a mini surge at this hour, and addresses holding between 1M to 100M $ADA may be a main validator to watch for a price breakout. Aft ...

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