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via BeInCrypto · By BeInCrypto Editorial

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

ADA

ADA/USDT

$0.2556

+1.55%

$0.2556

+1.55%

(24s)

24h Volume

$467,170,740.79

24h H/L

$0.2654 / $0.2506

Change: $0.0148 (5.91%)

Long/Short

75.9%

Long: 75.9%Short: 24.1%

Funding Rate

+0.0047%

Longs pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.2562

▼ -1.00%

Volume (24h): -

Resistance Levels

Resistance 3$0.3181

Resistance 2$0.3082

Resistance 1$0.2654

Price$0.2562

Support 1$0.2549

Support 2$0.2430

Support 3$0.2321

Pivot (PP):$0.254933

Trend:Uptrend

RSI (14):66.3

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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