Oh, look, the Cardano (ADA) whales are at it again, hoarding coins like they’re collecting limited-edition Liz Lemon action figures. According to Santiment (aka the nerds who track this stuff), 424 wallets now hold 10 million ADA or more. That’s a 5.2% jump in nine weeks-basically, they’re stockpiling ADA like it’s the last slice of pizza at a writers’ room meeting.
Whales Are Buying ADA Like It’s a Clearance Sale at Target
Apparently, 424 wallets is a four-month high, which is impressive considering the crypto market’s mood swings rival those of a teenage drama queen. These big shots are betting on ADA’s long-term potential, even though its price is currently more volatile than Tracy Jordan’s career choices. My guess? They’re buying the dip like it’s a BOGO sale at Bath & Body Works.
Since ADA hit rock bottom on Feb. 5, these whales have been scooping it up like it’s free samples at Costco. Santiment is all like, “Keep an eye on these whales!” because if they keep buying, it could create a “larger bullish divergence.” Translation: ADA might finally stop acting like a sitcom that keeps getting canceled and renewed.
🐳 Cardano’s number of wallets holding at least 10M $ADA tokens has ballooned to a 4-month high of 424, a +5.2% rise in 9 weeks. Even though it has not decoupled from other altcoins yet in 2026, its market value is +11% since it bottomed out back on February 5th.
– Santiment (@santimentfeed) April 6, 2026
Meanwhile, ADA’s price is doing the crypto version of a sitcom bottle episode-stuck between $0.24 and $0.26. As of now, it’s trading at $0.2435, down 4.65% in the last 24 hours. Trading volume? Also down 15.13% because, let’s be honest, everyone’s rotating capital like it’s a game of musical chairs.
If ADA falls below $0.24, it might test the $0.22 support level, which is basically the crypto equivalent of “we’re on hiatus.” But hey, at least the whales are here to save the day-or at least keep the show from getting canceled.
Will Retail Traders Jump on the ADA Bandwagon Like It’s a Jenna Maroney Meme?
The big question is: Will these whale moves inspire retail traders to start buying ADA like it’s the latest viral TikTok trend? If so, Cardano’s volume could explode faster than a Kenneth parody account. And let’s not forget EMURGO’s CEO Phillip Pon, who’s apparently cozying up to Mastercard like it’s a high school crush. If that partnership happens, ADA could go from “niche crypto” to “everyday payment option” faster than you can say “Bossy’s Back.”
So, will ADA’s price finally avocado-boost its way to glory? Only time will tell. But one thing’s for sure: these whales are playing the long game, and they’re not here to make friends-they’re here to make money. And maybe, just maybe, they’ll accidentally make crypto interesting again.
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2026-04-07 14:01