Cardano Surges Past $0.44 as Whale Activity Hits Three-Month High

Quick Summary:

Cardano demonstrates remarkable momentum as significant holders drive increased activity amid growing market optimism.

This surge represents the first successful breach of long-standing resistance levels since mid-2023.

Cardano whale activity analysis On-chain metrics from Santiment reveal unprecedented whale movement, with transactions exceeding $100,000 reaching peak levels unseen since early September.

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Article Details

Author / Journalist: Vignesh k

Category: Crypto

Markets: United Arab Emirates

Topics: ADA Editors News Investing News Cardano

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 21:15:00 (1 weeks ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 231 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 23476194

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 3 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

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Publisher ID: #125

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