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Dormant Cardano Wallets Move as Hoskinson Reappears, Santiment Data Show

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2026-06-10 19:11:24
Long-dormant Cardano wallets have started moving ADA again, with activity picking up after founder Charles Hoskinson’s June 8 return claiming the network can “run the world.” In the second sentence, according to BeInCrypto, Santiment data show Cardano’s Mean Dollar Invested Age paused for the first time in five weeks, while Age Consumed spiked between June 4 and June 9, with the largest surge on June 9.

ADA was trading near $0.16, down about 94% from its $3.09 all-time high. CoinGlass data showed roughly 20 million ADA (~$34 million) left exchanges for self-custody wallets in the past 24 hours.
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