Addresses holding 10K+ ADA now collectively own $12,4b in coins
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Cardano (ADA) addresses holding at least 10,000 ADA tokens have been on an accumulation spree since the asset dipped in October last year. Amid this accumulation campaign, these addresses have added 1.03 billion ADA to their collective balance in five months.
The inclusion of 1.03 billion tokens represents a 3.3% increase in the collective holding of these addresses since last October, per data from market intelligence resource Santiment. According to charts, these investors embarked on a distribution spree in early 2021 amid the start of cardano’s bull run, as they sold off a massive portion of their holdings
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