Cryptocurrency News

Cardano ‘sharks’ scoop up 79.1 million ADA ahead of Vasil hard fork

2022.07.10 14:18

Cardano 'sharks' scoop up 79.1 million ADA ahead of Vasil hard fork
Cardano ‘sharks’ scoop up 79.1 million ADA ahead of Vasil hard fork

The decline in Cardano (ADA) price this year has prompted some of its richest investors to accumulate the token.

Notably, addresses holding between 10,000 and 100,000 ADA, also called “sharks,” have added 79.1 million tokens (~ $37.7 million as of July 9) to their reserves since June 9, according to data from Santiment.

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