Cardano was a whale favorite in October – Will it continue in November?

, large holders grabbed nearly 1.89 billion ADA coins in the month of October. In terms of market price at press time, the purchased supply amounted to roughlyLarge Holders Netflow measures the number of inflows minus outflows pertaining to these addresses.

IntoTheBlock mentioned that bulk of the buying happened in the range between $0.249 and $0.271. Interestingly, while ADA has risen almost 29% since then until press time price of $0.35, a similar enthusiasm in purchasing was not seen.AMBCrypto dug deeper and came up with new findings after analyzing Santiment’s whale transaction data.

The Open Interest in ADA futures contracts rose to $164.88 million at press time, a gain of 30% over the past week, and the highest in nearly five months.

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Cardano bulls force large, swift gains as bears put up scant resistanceCardano has performed extraordinarily well in the market recently. It was one of the best-performing large cap crypto assets of the past week
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