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via BeInCrypto · By BeInCrypto Editorial

Large Dormant Cardano Wallets Move as Hoskinson Reappears: Reversal Signal?

ADA

ADA/USDT

$0.2130

-4.01%

$0.2130

-4.01%

(24s)

24h Volume

$304,109,804.37

24h H/L

$0.2222 / $0.2091

Change: $0.0131 (6.26%)

Long/Short

71.0%

Long: 71.0%Short: 29.0%

Funding Rate

-0.0039%

Shorts pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.2133

▲ 0.99%

Volume (24h): -

Resistance Levels

Resistance 3$0.2447

Resistance 2$0.2260

Resistance 1$0.2148

Price$0.2133

Support 1$0.2125

Support 2$0.1946

Support 3$0.1764

Pivot (PP):$0.2159

Trend:Sideways

RSI (14):57.5

BeInCrypto Editorial

(06:47 PM UTC)

1 min read

Verified byOlivia Bennett

0 comments

Long-dormant Cardano wallets are suddenly moving ADA again, according to Santiment data, right after Charles Hoskinson’s bold reappearance claiming the network can “run the world.”

Is it the bullish reversal signal investors have long awaited, or simply a dead cat bounce before more distribution?

What the Cardano Dormant Wallet Activity Reveals

Cardano dormant wallets are addresses holding ADA that…

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Source

BeInCrypto Editorial · BeInCrypto

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