Data published by @WhaleStatsBSC, a blockchain service that tracks data related to BSC-based tokens and whales who hold them, has tweeted that a major BNB investor has bought 5.3 million ADA, the native token of Cardano. This comprises over $5.1 million.
In a tweet published on Feb. 20, @WhaleStatsBSC spread the word that a BNB whale ranked number one by this on-chain crypto data service made an acquisition of 5,367,075 ADA tokens. This amount of Cardano’s crypto is worth $5,106,208.
It should be noted that this is ADA BEP-20 – Cardano’s native token on the BNB Chain. It cannot be sent to an address on the Cardano network but can exist and be exchanged only on the BNB network (previously known as BSC – Binance Smart Chain).