{"id":317285,"date":"2022-01-29T06:06:53","date_gmt":"2022-01-29T11:06:53","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=317285"},"modified":"2022-01-29T06:06:53","modified_gmt":"2022-01-29T11:06:53","slug":"cardano-addresses-with-10k-to-1m-coins-buy-an-additional-55m-worth-of-ada","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/cardano-addresses-with-10k-to-1m-coins-buy-an-additional-55m-worth-of-ada","title":{"rendered":"Cardano addresses with 10K to 1M coins buy an additional $55M worth of ADA"},"content":{"rendered":"
Cardano investors have been expanding their holdings during the recent market correction. The accumulation comes despite small traders staying away from the market due to the fear of a bear market.<\/p>\n
On-chain data shows that some large ADA wallets had doubled their holdings in the past few weeks following the crash.<\/p>\n
Over the past month, the crypto market has been on a downtrend. The market cap had halved at some point, and none of the major cryptocurrencies has been spared from a correction. Cardano has been one of the worst-hit tokens. Over the past week, it has shed around 17.7% in value.<\/p>\n