Summary
- Following President Donald Trump's strategic reserve asset statement, whales have accumulated large amounts of Cardano (ADA), according to reports.
- Analyst Ali Martinez revealed that more than 420 million Cardano coins have been accumulated.
- Cardano is trading up 15.65% on Binance's USDT market following President Trump's statement, according to reports.
It appears that whales have accumulated large amounts of Cardano (ADA) following President Donald Trump's strategic reserve asset statement.
On the 5th (local time), cryptocurrency analyst Ali Martinez revealed via X, "After Trump's strategic reserve asset statement, whales have accumulated more than 420 million ADA."
Previously, President Trump had stated through Truth Social that he is pushing to include Cardano in America's strategic reserve assets.
As of 4:25 PM, Cardano is trading at $0.9340 on Binance's USDT market, up 15.65% compared to 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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