Cardano (ADA) Joins BTC and ETH as Whales' Transactions Break Three-Month Record
In the last seven days, the crypto market has been witnessing a significant surge in whale activity, with Bitcoin (BTC), Ethereum (ETH) and Cardano (ADA) experiencing their highest levels of whale transactions in over three months
The renowned on-chain crypto analytics platform Santiment revealed that the number of whale transactions for these leading cryptocurrencies has soared to levels unseen since July.
According to the data, Cardano, in particular, has seen a remarkable uptick in whale transactions, recording a staggering 16% increase in the past seven days. Similarly, Ethereum has witnessed a substantial surge of 14% in mega transactions involving ETH during the same period.
The world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, Binance, today announced that its product Binance Feed has been rebranded to Binance Square. The decision to rebrand follows the platform’s evolution from a simple content aggregator to a vibrant social platform, with user-generated content being a key addition.