Cardano Whales Offload 170 Million ADA as Market Trends Lower
Recent trends in Cardano reveal that some of its largest holders are beginning to offload their assets. On-chain data indicates that ADA whales, holding between 100 million and 1 billion coins, have collectively sold more than $160 million worth of Cardano in the past week. This development raises concerns about Cardano’s performance and the potential impact on its value as market dynamics shift. Investors must remain vigilant and analyze trends as they unfold in the market.