![Cardano [ADA]: Why Q1's strong whale activity may boost investor confidence](https://insights.cryptobasemarket.com/wp-content/uploads/2023/04/ambcrypto-a-fierce-red-bear-and-a-mighty-green-bull-face-off-ag-70ac3d59-eda2-4e9d-9b2c-e9a26a739f57-287284.jpg)
Not so long ago, crypto bears had high favor for Cardano [ADA]. This situation led to heavy losses for hodlers hoping to secure the cryptocurrency at a discount.
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