Cardano Whales Gobble 420M ADA Amid Ecosystem Boom—Just as Retail Investors Start Paying Attention
Big money moves in silence. While retail traders were busy chasing memecoins, Cardano whales quietly stacked another 420 million ADA—enough to make a centralized exchange CEO blush.
Why the accumulation spree? The network’s DeFi ecosystem just crossed $500M TVL, with lending protocols and DEXs gaining traction. Meanwhile, institutional players are circling as ADA’s staking yield holds steady at 3.2%—better than your bank’s ’high-yield’ savings account that still loses to inflation.
One hedge fund manager (who insisted on anonymity) quipped: ’We’re buying what the crypto bros are finally smart enough to HODL.’ Ouch.