{"id":559675,"date":"2023-11-08T12:00:17","date_gmt":"2023-11-08T12:00:17","guid":{"rendered":"https:\/\/wncen.com\/?p=559675"},"modified":"2023-11-08T11:22:45","modified_gmt":"2023-11-08T11:22:45","slug":"cardano-whales-600-million-0-4","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/","title":{"rendered":"Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4"},"content":{"rendered":"

Cardano (ADA)<\/span><\/a> is one of the tokens currently in the limelight as many projects do well in the \u2018Atcoin Season\u2019 as <\/span>Bitcoin\u2019s dominance cools off<\/span><\/a>. The token has rallied in recent days, and one of the reasons for this resurgence has been revealed.\u00a0<\/span><\/p>\n

Cardano Whales Are Accumulating\u00a0\u00a0\u00a0<\/span><\/h2>\n

In a <\/span>post<\/span><\/a> on their X (formerly Twitter) platform, blockchain analytics platform IntoTheBlock noted that investors’ confidence in the Cardano token grew in October as ADA whales and investors <\/span>accumulated 1.89 billion ADA<\/span><\/a> during that period. This translates to over $600 million invested in <\/span>ADA tokens<\/span><\/a>.\u00a0<\/span><\/p>\n

Related Reading: XRP News: Ripple CEO Teases Major Announcements At Swell Event<\/a><\/div>\n

Interestingly, the decision by these <\/span>big holders<\/span><\/a> already seems to be paying off as the majority of this accumulation is said to have taken place between the price range of $0.249 and $0.271. These <\/span>big holders<\/span><\/a> could be accumulating for the long term rather than moving to realize their profits as soon as possible, and these could sustain a price rally to $0.4.<\/span><\/p>\n

Back in August, the market intelligence platform Santiment highlighted the fact Cardano was seeing its <\/span>highest level in accumulation<\/span><\/a> dating back to September 2022, as \u201cwhales and sharks\u201d who were holding between 100,000 and 10 million ADA tokens had accumulated $116.1 million in ADA since May 21st.<\/span><\/p>\n

However, the sentiment toward Cardano seemed to turn bearish in September, as <\/span>data<\/span><\/a> from Santiment revealed that these Cardano whales had sold or redistributed about 1.02 billion ADA during a certain period in the month.\u00a0<\/span><\/p>\n

Can ADA Hit $0.4?<\/h2>\n

It remains to be seen whether this accumulation phase could trigger a run to $0.40. There is, however, no doubt that these whales dumping their tokens in a bid to realize profits would <\/span>significantly affect Cardano\u2019s resurgence<\/span><\/a>.\u00a0<\/span><\/p>\n

Dan Gambardello, the founder of Crypto Capital Venture, <\/span>had mentioned<\/span><\/a> while providing a technical analysis that Cardano\u2019s current run could see it peak at $0.40 while almost ruling out the possibility of the token hitting the <\/span>$0.45 price target <\/span><\/a>before a retracement happens.<\/span><\/p>\n

Related Reading: Dogecoin Climbs Above $0.075 To 3-Month High, But Metrics Show It\u2019s Far From Done<\/a><\/div>\n

Speaking of a possible retracement, Gambardello stated that <\/span>ADA could drop<\/span><\/a> to around $0.29 and $0.30 based on the moving average structure.\u00a0<\/span><\/p>\n

Another crypto analyst, <\/span>Ali Martinez<\/span><\/a>, also echoed this prediction as he mentioned in an <\/span>X post<\/span><\/a> that the TD Sequential presents a sell signal on the ADA daily chart with a possible correction to the $0.30 support level.\u00a0<\/span><\/p>\n

At the time of writing, ADA is trading at around $0.35, up by over 1%, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"Cardano<\/p>\n

ADA price sitting above $0.35 | Source: ADAUSD on Tradingview.com<\/a><\/pre>\n
Featured image from Bolsamania, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Cardano (ADA) is one of the tokens currently in the limelight as many projects do well in the \u2018Atcoin Season\u2019 as Bitcoin\u2019s dominance cools off. The token has rallied in recent days, and one of the reasons for this resurgence has been revealed.\u00a0 Cardano Whales Are Accumulating\u00a0\u00a0\u00a0 In a post on their X (formerly Twitter) platform, blockchain analytics platform IntoTheBlock noted that investors’ confidence in the Cardano token grew in October as ADA whales and investors accumulated 1.89 billion ADA during that period. This translates to over $600 million invested in ADA tokens.\u00a0 Related Reading: XRP News: Ripple CEO Teases Major Announcements At Swell Event Interestingly, the decision by these big holders already seems to be paying off as the majority of this accumulation is said to have taken place between the price range of $0.249 and $0.271. These big holders could be accumulating for the long term rather than moving to realize their profits as soon as possible, and these could sustain a price rally to $0.4. Back in August, the market intelligence platform Santiment highlighted the fact Cardano was seeing its highest level in accumulation dating back to September 2022, as \u201cwhales and sharks\u201d who were holding between 100,000 and 10 million ADA tokens had accumulated $116.1 million in ADA since May 21st. However, the sentiment toward Cardano seemed to turn bearish in September, as data from Santiment revealed that these Cardano whales had sold or redistributed about 1.02 billion ADA during a certain period in the month.\u00a0 Can ADA Hit $0.4? It remains to be seen whether this accumulation phase could trigger a run to $0.40. There is, however, no doubt that these whales dumping their tokens in a bid to realize profits would significantly affect Cardano\u2019s resurgence.\u00a0 Dan Gambardello, the founder of Crypto Capital Venture, had mentioned while providing a technical analysis that Cardano\u2019s current run could see it peak at $0.40 while almost ruling out the possibility of the token hitting the $0.45 price target before a retracement happens. Related Reading: Dogecoin Climbs Above $0.075 To 3-Month High, But Metrics Show It\u2019s Far From Done Speaking of a possible retracement, Gambardello stated that ADA could drop to around $0.29 and $0.30 based on the moving average structure.\u00a0 Another crypto analyst, Ali Martinez, also echoed this prediction as he mentioned in an X post that the TD Sequential presents a sell signal on the ADA daily chart with a possible correction to the $0.30 support level.\u00a0 At the time of writing, ADA is trading at around $0.35, up by over 1%, according to data from CoinMarketCap.\u00a0 ADA price sitting above $0.35 | Source: ADAUSD on Tradingview.com Featured image from Bolsamania, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":559680,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83371,16896,3],"tags":[],"class_list":["post-559675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","category-cardano","category-news"],"acf":[],"yoast_head":"\nCardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4<\/title>\n<meta name=\"description\" content=\"Cardano (ADA) is one of the tokens currently in the limelight in the \u2018Atcoin Season\u2019 as Bitcoin\u2019s dominance cools off.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4\" \/>\n<meta property=\"og:description\" content=\"Cardano (ADA) is one of the tokens currently in the limelight in the \u2018Atcoin Season\u2019 as Bitcoin\u2019s dominance cools off.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-08T12:00:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-08T11:22:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-whales.jpeg?fit=780%2C440\" \/>\n\t<meta property=\"og:image:width\" content=\"780\" \/>\n\t<meta property=\"og:image:height\" content=\"440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4\",\"datePublished\":\"2023-11-08T12:00:17+00:00\",\"dateModified\":\"2023-11-08T11:22:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/\"},\"wordCount\":434,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-whales.jpeg?fit=780%2C440\",\"articleSection\":[\"ADA\",\"Cardano\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/\",\"url\":\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/\",\"name\":\"Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-whales.jpeg?fit=780%2C440\",\"datePublished\":\"2023-11-08T12:00:17+00:00\",\"dateModified\":\"2023-11-08T11:22:45+00:00\",\"description\":\"Cardano (ADA) is one of the tokens currently in the limelight in the \u2018Atcoin Season\u2019 as Bitcoin\u2019s dominance cools off.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-whales.jpeg?fit=780%2C440\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-whales.jpeg?fit=780%2C440\",\"width\":780,\"height\":440,\"caption\":\"Cardano ADA whales\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/wncen.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4","description":"Cardano (ADA) is one of the tokens currently in the limelight in the \u2018Atcoin Season\u2019 as Bitcoin\u2019s dominance cools off.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/","og_locale":"en_US","og_type":"article","og_title":"Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4","og_description":"Cardano (ADA) is one of the tokens currently in the limelight in the \u2018Atcoin Season\u2019 as Bitcoin\u2019s dominance cools off.","og_url":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-11-08T12:00:17+00:00","article_modified_time":"2023-11-08T11:22:45+00:00","og_image":[{"width":780,"height":440,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-whales.jpeg?fit=780%2C440","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4","datePublished":"2023-11-08T12:00:17+00:00","dateModified":"2023-11-08T11:22:45+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/"},"wordCount":434,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-whales.jpeg?fit=780%2C440","articleSection":["ADA","Cardano","Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/","url":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/","name":"Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-whales.jpeg?fit=780%2C440","datePublished":"2023-11-08T12:00:17+00:00","dateModified":"2023-11-08T11:22:45+00:00","description":"Cardano (ADA) is one of the tokens currently in the limelight in the \u2018Atcoin Season\u2019 as Bitcoin\u2019s dominance cools off.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-whales.jpeg?fit=780%2C440","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-whales.jpeg?fit=780%2C440","width":780,"height":440,"caption":"Cardano ADA whales"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4","url":"http:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/cardano-whales-600-million-0-4\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-whales.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-whales.jpeg?fit=780%2C440"},"articleSection":"ADA","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":[],"dateCreated":"2023-11-08T12:00:17Z","datePublished":"2023-11-08T12:00:17Z","dateModified":"2023-11-08T12:00:17Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/cardano-whales-600-million-0-4\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/cardano-whales-600-million-0-4\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Cardano-ADA-whales.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Cardano-ADA-whales.jpeg?fit=780%2C440\"},\"articleSection\":\"ADA\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[],\"dateCreated\":\"2023-11-08T12:00:17Z\",\"datePublished\":\"2023-11-08T12:00:17Z\",\"dateModified\":\"2023-11-08T12:00:17Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Cardano-ADA-whales.jpeg?fit=780%2C440","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/559675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=559675"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/559675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/559680"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=559675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=559675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=559675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}