According to a post on X by Santiment, Cardano’s smart money wallets have been discreetly accumulating the cryptocurrency. The report notes that this accumulation has occurred while Cardano’s price remained suppressed.
This divergence between on-chain activity and price action suggests that factors beyond price movements may be supporting accumulation. Observers may monitor on-chain metrics for signs of sustained demand from larger holders or institutions, even as the market price remains subdued. Such observations underline how on-chain behavior can diverge from price signals, indicating potential underlying strength that may emerge as market conditions evolve.
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