Retail Cardano Wallets Reached New All-Time High
Retail Cardano Wallets Reached New All-Time High as ADA Jumped 5%.On-chain analysis has shown that the number of mid-size ADA addresses has reached ATH. This may have contributed to the recent rally of ADA breaking from the months-long downward channel and now sitting above $1.20.
In contrast, addresses holding more than 10K ADA have reached ATL. This could be a warning sign that mega whales may have been gradually decreasing their exposure to ADA.According to the latest Cardano on-chain analysis provided by Santiment, the number of mid-tier addresses, holding in between 100 to 10K ADA, has reached All-Time-High, accounting for 16.8% of the supply in circulation.
Source
https://t.me/Cronos_Cardano_Ripple
