Santiment posted on X that Cardano's smart money wallets have been discreetly accumulating the cryptocurrency while its price remains suppressed. Over the past two months, these wallets have increased their holdings, indicating a strategic move by investors. This accumulation suggests confidence in Cardano's long-term potential despite current market conditions. The activity of these wallets could influence future price movements, as large-scale accumulation often precedes significant market shifts. Observers are closely monitoring these developments to gauge the impact on Cardano's market trajectory.

