Cardano Whales Are Buying: Is This ADA's Bottom or a Trap?

Source: International Business Times

Cardano IBTimes US Cardano just staged the kind of bounce that makes traders nervous, not confident. ADA added 14,783 new non-empty wallets in the days after its June 23 bottom, per on-chain firm Santiment, then ripped roughly 24% in a week, touching $0. 199 on July 5 before settling near $0.