CandleFocus Crypto Whales Gobble Up Nearly $149,600,000 Worth of Cardano and Large-Cap Memecoin in Just Two Days: Analyst
2024-12-16
Author: Content Editor
Deep-pocketed investors have been buying large amounts of Cardano (ADA) and Dogecoin (DOGE) as the cryptocurrency market has remained stagnant. The whales bought $85.6 million worth of ADA in just two days and $64 million worth of DOGE in 24 hours. In total, nearly $150 million worth of ADA and DOGE was accumulated by these investors. In terms of Bitcoin, an analyst suggests that there is strong support above $94,000, with many wallets accumulating BTC in that price range. At the time of writing, Bitcoin is trading at $101,946.
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