ICYMI: the volume of large $ADA transactions has surpassed $21.6 billion ADA Cardano CardanoCommunity
Large transactions, often greater than $100,000, serve as a proxy for the number of transactions made by whales and institutional investors. The overall amount that whales and institutional players transact in a given day is determined by the volume of these large transactions.
Increases in the volume of large transactions might suggest increasing buying or selling activity among large players. Whales and rich investors have been known to accumulate more during periods of collapse, opting for dip-buying., the top 1,000 BNB wallets it tracks hold a substantial amount of ADA tokens. It reports that these top whales hold nearly $11,815,034 worth of ADA tokens.reported, with new addresses rising by 167%.
IOHK said, ''Now, as we enter the Basho stage, we're investing further energy into optimization and scaling. Building on these foundations, and steadily increasing capacity and throughput to deal with the growth in the DApp ecosystem and onboard first hundreds of thousands, then millions of new users."
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