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via BeInCrypto · By BeInCrypto Editorial

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

ADA

ADA/USDT

$0.1652
+1.98%
24h Volume

$92,236,140.36

24h H/L

$0.1670 / $0.1615

Change: $0.005500 (3.41%)

Long/Short
71.9%
Long: 71.9%Short: 28.1%
Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data
Cardano
Cardano
Daily

$0.1659

0.61%

Volume (24h): -

Resistance Levels
Resistance 3$0.1957
Resistance 2$0.1743
Resistance 1$0.1694
Price$0.1659
Support 1$0.1649
Support 2$0.1592
Support 3$0.1540
Pivot (PP):$0.164433
Trend:Uptrend
RSI (14):48.0
BE
BeInCrypto Editorial
(06:47 PM UTC)
1 min read
OB
Verified byOlivia Bennett
625 views
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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

BeInCrypto Editorial · BeInCrypto

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