Cardano crypto whales dump $326 mln after Chang hard fork – What now?

Quick Summary:

Cardano's latest upgrade is live, but ADA struggles as crypto whales offload significant holdings.

It confirmed that Cardano’s crypto whales and other holders have become less active during this period.

This sizable sell-off highlighted a potential lack of confidence among major investors in ADA’s near-term price prospects despite the technical advancements brought by the hard fork.

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Article Details

Author / Journalist: Adewale Olarinde

Category: Crypto

Markets: United States

Topics: News Altcoin Social Cardano Trading View Ambcrypto News 1

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-03 @ 18:00:10 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 711 words

Reading Time: 4 minutes read

Sentences: 40 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 22353339

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

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Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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