Global #whale activity

As the overall cryptocurrency market grapples with a bearish sentiment, Cardano (ADA) is displaying a contrasting set of bullish on-chain metrics.

The recent recovery in Dogecoin’s price has brought a sigh of relief to investors, especially after the meme coin languished around the $0.09 mark for an extended period.

Cardano (ADA) was poised for a potential rally toward the $0.40 mark just two days ago. However, recent developments suggest that this bullish momentum may be waning as crypto whales appear to be stepping back from their activity.

In recent weeks, Shiba Inu (SHIB) whales have dramatically increased their trading volumes, a development that has attracted significant attention in the crypto community.

Cardano [ADA] has recently experienced a dramatic increase in whale activity, with $6.08 billion in large transactions reported over the past day.

Dogecoin (DOGE), the meme-inspired cryptocurrency, has recently grabbed headlines once again, even as the broader crypto market faces a bearish trend.