110,000,000 ADA sold by Cardano whales: Is a bigger drop coming?

110,000,000 ADA sold by Cardano whales: Is a bigger drop coming?

Cardano price falls 15.7% in a week as whales sell over 110M ADA. Network transactions hit a record, while traders watch $0.21 support.

Is Cardano overvalued? The data says yes, despite record activity

ADA’ transaction activity and revenue are rising, but whale selling and falling active addresses put the $0.24 support level at risk.

Cardano loses $0.24 support as whales sell 110M ADA

Cardano lost its $0.24 support after whales offloaded 110M ADA in five days. We read what the breakdown means for ADA toward $0.21 while BTC holds firm.

Cardano transaction volume hits all time high as whale selling sparks correction risk

🚨 Cardano on-chain transactions hit a record 1,780,896 amid whale offloading in $ADA. 🔎 Big holders sold over 110 million ADA as network activity soared to all time highs. ⚡ A sharp drop in active addresses raises new questions about the rally’s strength. Continue Reading:Cardano transaction volume hits all time high as whale selling sparks correction risk

Cardano Under Pressure: Falling Network Activity Adds to ADA Selling Concerns

Whale selling and declining network participation are putting Cardano under pressure.

Cardano Large-Holder Balances Decline as Transactions Hit Record

ADA fell 15.7% over seven days as large-holder balances and active addresses declined, while the network recorded 1,780,896 transactions during Epoch 660.