$NIGHT 9 Aug 28–30 Big holders show “Active movement + partial profit-taking”
Total holding addresses: Cardano mainnet has surpassed 87,000
Whale behavior: Clear transfer activity; some addresses have reduced their holdings
1. Secondary chain $POL Top holders
The largest address shows a clear decrease in holdings
About -73.97 million ADA in 1 day
About -94.34 million ADA in 7 days
Other Top 5–10 addresses: Mostly flat or slightly increased; some addresses +1.9 million ADA.
2. $ADA Mainnet whale activity
A single transfer of about 17.36 million ADA; NIGHT’s transfer moves between multiple addresses, transferring back and forth
3. Exchange fund flow
Slight signs of profit-taking. Derivatives Open Interest is rising; the long/short ratio is leaning bullish, indicating an increase in leveraged longs.
Characteristics of the holding distribution
As the number of holding addresses increases, during the period when prices rose alongside active transfers, mid- and small-sized holders are diversifying, while big holders are adjusting positions between high and low points. At present, there are no signs of “collective sell-off,” and no signals of “collective buying.”
Total holding addresses: Cardano mainnet has surpassed 87,000
Whale behavior: Clear transfer activity; some addresses have reduced their holdings
1. Secondary chain $POL Top holders
The largest address shows a clear decrease in holdings
About -73.97 million ADA in 1 day
About -94.34 million ADA in 7 days
Other Top 5–10 addresses: Mostly flat or slightly increased; some addresses +1.9 million ADA.
2. $ADA Mainnet whale activity
A single transfer of about 17.36 million ADA; NIGHT’s transfer moves between multiple addresses, transferring back and forth
3. Exchange fund flow
Slight signs of profit-taking. Derivatives Open Interest is rising; the long/short ratio is leaning bullish, indicating an increase in leveraged longs.
Characteristics of the holding distribution
As the number of holding addresses increases, during the period when prices rose alongside active transfers, mid- and small-sized holders are diversifying, while big holders are adjusting positions between high and low points. At present, there are no signs of “collective sell-off,” and no signals of “collective buying.”