ADA shows a gradual bullish trend as whales hold, large transactions decline, and market activity signals potential for a rally.
seems positioned to recoup losses from recent weeks, where it previously declined by 3.87% and 4.87% on weekly and monthly time frames, respectively.
A decline of this magnitude suggested that large holders are moving their ADA from exchanges to private wallets, signaling a shift toward long-term holding. One key metric to be noted is the large volume of transactions, which tracks the amount of ADA traded by large holders with significant holdings.This metric can signal either bullish or bearish sentiment, depending on whether volume trends upward or downward.
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