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via BeInCrypto · By BeInCrypto Editorial

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

ADA

ADA/USDT

$0.1769

-1.45%

$0.1769

-1.45%

(24s)

24h Volume

$77,636,961.39

24h H/L

$0.1800 / $0.1758

Change: $0.004200 (2.39%)

Long/Short

67.3%

Long: 67.3%Short: 32.7%

Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.1768

▲ 0.23%

Volume (24h): -

Resistance Levels

Resistance 3$0.1901

Resistance 2$0.1839

Resistance 1$0.1780

Price$0.1768

Support 1$0.1743

Support 2$0.1681

Support 3$0.1598

Pivot (PP):$0.178033

Trend:Sideways

RSI (14):45.8

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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