Both Cardano and Bitgert whales have been accumulating over the past few days in June 2022

Key Points:

• Cardano (ADA) has seen a rise in the number of whales, increasing their holdings in the past 30 days
• The Bitgert (BRISE) Whales have also been buying and accumulating in the recent past

The Cardano (ADA) and Bitgert (BRISE) are two crypto projects to watch this month, and there are signs they might do well in the coming weeks. One of the leading signs that crypto investors need to look at is the activities of the whales in the Cardano and Bitgert projects.

Both Cardano and Bitgert whales have been accumulating over the past few days in June 2022. The trend is built up from the last two weeks of May 2022, when Cardano and Bitgert whales started increasing their holdings.

Cardano whales with 100,000 and 1 million coins have been accumulating their holdings from mid-May. According to the available data, these Cardano whales increase their holdings from 7.26% to 17.34% between 17 May and 1 June. This is almost about 250% increase in holdings, and this is why the Cardano price managed a strong upside.

 However, it is the Cardano addresses holding over 10 million Cardano coins that are making the biggest impact. These Cardano whales, which also hold the highest amount of Cardano coin ADA, managed to increase their holdings from 49.02% to 49.13%. This is between 27 May and 1 June, when Cardano posted a good performance.

On the other hand, Bitgert whales have also been increasing their holding. Just like Cardano, all the Bitgert whales, regardless of the size of coins held, have been buying more Bitgert coins over the past few days. This is seen from the stable price that Bitgert has posted from mid-May to date.

The upcoming Bitgert developments might have driven the Bitgert whales' accumulation. The upcoming Bitgert products, especially the Bitgert roadmap V2 products, have been key. The massive adoption from the products like the Bitgert CEX, Bitgert NFT marketplace, and Bitgert Paybrise.

The Bitgert Startup Studio projects are driving whales to buy more Bitgert. The Bitgert team has just announced the launch of its stable cryptic bridge, which enable Bitgert chain users to swap stable coin.

Conclusion

The bottom line is Cardano and Bitgert whales accumulating is a sign that good things are coming. Whales don't just make a move, and that's why them buying more means Cardano and Bitgert project are expecting a bull run.