Large Cardano holders accumulated approximately 240 million ADA tokens over five days, worth an estimated $175 million at current prices. This accumulation triggered a 22% price surge for ADA, which is now trading around $0.19 with daily gains of 8-9%. During the first six months of 2026, whales and so-called sharks added nearly 820 million ADA to their wallets, demonstrating a long-term positioning strategy. Some analysts are targeting a price of $0.85, representing roughly a 4x move from current levels.
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