Cardano Whales Gobble 410M ADA in 30 Days—Is a Price Explosion Imminent?
Whales are betting big on Cardano, snatching up 410 million ADA tokens in just one month. The question on everyone’s lips: When does the dam break?
The Accumulation Game
While retail investors chase memecoins, smart money keeps stacking ADA—quietly, relentlessly. This isn’t hopeful speculation; it’s capital moving with surgical precision.
The Waiting Game
Cardano’s price hasn’t mooned yet, but whale activity never lies. Remember when institutions ’discovered’ Bitcoin? History favors those who accumulate before the crowd arrives.
The Cynic’s Corner
Of course, Wall Street will claim they ’always believed’ in blockchain—right after they finish dumping their bags on the next FOMO surge. Stay sharp.
Data shared by the popular analyst Ali Martinez indicates that whales had accumulated over 410,000,000 ADA in April alone. In terms of USD value, the stash is worth close to $300 million at today’s prices.
Whales accumulated over 410 million #Cardano $ADA in April! pic.twitter.com/8Qa6xCaWtb
— Ali (@ali_charts) May 2, 2025
This was in stark contrast to their behavior in late February and mid-March, when reports emerged left and right about big sell-offs.
The overall market sentiment was a lot less favorable at the time as the trade war initiated by US President Trump struck all financial fields, and crypto was no exception.
Now, though, while the tariff shock seems to be over, investors are gradually returning to the cryptocurrency space with large purchases. As reported earlier this week, whales accumulated $4 billion worth of BTC within just two weeks.
In April, they went on an XRP buying spree as well, purchasing over 900,000,000 tokens. Although the number for ADA is smaller in both absolute terms and USD perspective, it still shows a massive behavior change.
ADA’s price tumbled to a multi-month low of $0.5 in early April. It has recovered about 40% since then and now sits at $0.7. However, similar large purchases from whales are likely to have a positive long-term effect on its price if they continue to accumulate instead of selling.
