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Cardano whales accumulate as van Rossem hard fork fuels recovery hopes

CoinJournal·July 16, 2026·1 min read
Cardano whales accumulate as van Rossem hard fork fuels recovery hopes

Cardano (ADA) traded near $0.161 on Thursday after a slight pullback, while whale wallets continued accumulating. Wallets holding 100,000 to 100 million ADA reached their highest holdings since February 2023, as smaller investors reduced exposure. The upcoming van Rossem hard fork, scheduled for Saturday, could act as a catalyst for recovery.

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