---
title: "Dormant Cardano Wallets Move as Hoskinson Reappears, Santiment Data Show"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289368076.md"
description: "Santiment data reveals dormant Cardano wallets are active again following founder Charles Hoskinson's June 8 return. Metrics show Mean Dollar Invested Age paused while Age Consumed spiked, coinciding with a surge of 20 million ADA moving to self-custody. Despite this activity, ADA trades near $0.16, down significantly from its all-time high."
datetime: "2026-06-10T19:11:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289368076.md)
  - [en](https://longbridge.com/en/news/289368076.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289368076.md)
generator: "portal-rs"
---

# Dormant Cardano Wallets Move as Hoskinson Reappears, Santiment Data Show

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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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**