Cardano’s Oldest Holders Are Moving Again — Here’s What The Data Shows
Roughly 16 million ADA left exchanges in a 24-hour period, based on Coinglass spot flow data, suggesting holders are moving coins into self-custody while prices stay weak. Exchange inflows were about $30 million and outflows $32.62 million, for a net flow of -$2.54 million. At ADA’s price near $0.16, that equals about 16 million tokens. On-chain data also shows older ADA wallets becoming active again after months of inactivity. Santiment noted that Mean Dollar Invested Age stopped rising in early June, while Age Consumed spiked several times from June 4 to June 9, with June 9 the largest burst since April. Taken together, these signals suggest long-term holders are responding to the recent price decline. ADA remains more than 80% below its cycle high of $1.30.
