Cardano Sell-Off: Whales Offload 55 Million ADA Amid ... - Bitget

Dec 4, 2024 · Cardano Whales Shift Strategies Ahead of Token Unlock. In a notable shift, Cardano’s major holders, or ‘whales’, have offloaded a large number of ADA tokens. The sell …

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Cardano Whales Shed $69 Million ADA Ahead Of This Week’s

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Dec 3, 2024 · Cardano Key Holders Offload Some Tokens. ... suggesting that whales offloaded 55.96 million ADA — either to take profits or rebalance their portfolios. At Cardano’s current …

bitget.com

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Will Cardano Whales Continue To Sell Ahead Of Token Unlock?

2 weeks from now

Dec 4, 2024 · Cardano whales have sold 55.96 million ADA, worth $69 million ahead of a $22.79 million unlock, signaling profit-taking. Bollinger Bands and RSI readings suggest ADA is …

beincrypto.com

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Cardano Whales Sell $69 Million ADA - Bitget

2 weeks from now

It suggests that Cardano whales sold a whopping 55.96 million ADA tokens. The current rate of the market is $1.23 per ADA, which amounts to roughly $69 million in liquidated tokens. …

bitget.com

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Cardano Whales Shed $69 Million ADA Ahead Of This Week’s …

2 weeks from now

Dec 5, 2024 · Cardano (ADA) is seeing significant changes in its market dynamics as a large sell-off from Cardano whales has triggered concerns among traders. Whales—large holders of …

thecurrencyanalytics.com

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Cardano Whales Shed $69 Million ADA Ahead Of This Week’s

2 weeks from now

Cardano (ADA) whales, who have been instrumental in driving the cryptocurrency’s price by 270% in the last 30 days, have now sold a bunch of tokens. ... As of now, the netflow has plunged to …

binance.com

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Whale Sell-Off Sends Cardano (ADA) Price Down 20% Amid …

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6 days ago · Cardano (ADA) has experienced a significant sell-off, with over 70 million tokens offloaded by whales from January 7 to January 9. This resulted in a 20% price decline, …

holder.io

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Cardano Whales Offload $69M Worth Of ADA Ahead Of Token

2 weeks from now

Major holders reduce positions by 55.96M Cardano in significant distribution event Upcoming 18.53M ADA token unlock threatens market stability Technical indicators unanimously signal …

binance.com

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Cardano Whales Offload $69 Million In ADA – Will Prices Change?

2 weeks from now

Dec 4, 2024 · It suggests that Cardano whales sold a whopping 55.96 million ADA tokens. The current rate of the market is $1.23 per ADA, which amounts to roughly $69 million in liquidated …

crypto-news-flash.com

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Cardano Whales Spark Sell-Off – What’s Next For ADA’s Price?

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Dec 19, 2024 · Interestingly, these large holders have resumed buying at lower prices, accumulating 160 million ADA during the dip. Additionally, whale transactions exceeding $1 …

bitget.com

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Cardano (ADA) Sell-Off Imminent? Whales Sell 70 Million Tokens

2 weeks from now

6 days ago · Cardano (ADA) faces significant bearish pressure following a massive sell-off by whales, with the price dropping over 20%. ... Home/News/ Cardano (ADA) Sell-Off Imminent? …

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FAQs about Cardano Sell-Off: Whales Offload 55 Million ADA Amid ... - Bitget Coupon?

Are Cardano whales overbought?

Cardano whales have sold 55.96 million ADA, worth $69 million ahead of a $22.79 million unlock, signaling profit-taking. Bollinger Bands and RSI readings suggest ADA is overbought at $1.23, heightening the likelihood of a retracement. ...

How much Ada did whales offload?

As of now, the netflow has plunged to 7.62 million ADA, according to IntoTheBlock, suggesting that whales offloaded 55.96 million ADA — either to take profits or rebalance their portfolios. At Cardano’s current price, this sell-off amounts to a staggering $69 million. ...

Why is Cardano a sell-off?

At Cardano’s current price, this sell-off amounts to a staggering $69 million. From BeInCrypto’s observation, the recent sell-off may be tied to the upcoming token unlock on December 6. Cardano Large Holders Netflow. Source: IntoTheBlock ...

Will Cardano (Ada) Price Drop if selling pressure persists?

ADA's price could decline to $0.92 if selling pressure persists, but renewed whale interest may push it above $1.33. Cardano (ADA) whales, who have been instrumental in driving the cryptocurrency’s price by 270% in the last 30 days, have now sold a bunch of tokens. ...

Will Cardano's supply shock affect Ada?

According to Tokenomist (formerly Token Unlocks), Cardano is set to release 18.53 million ADA on that date, valued at $22.79 million. This anticipated supply shock could introduce volatility, potentially hindering the altcoin’s ability to sustain an uptrend during this period. Cardano Token Unlock.Source: Tokenomist ...

What is Cardano's NetFlow?

On Monday, December 2, Cardano’s large holders’ netflow reached 63.58 million ADA, reflecting a strong buying trend among whales. The netflow metric tracks the difference between tokens bought and sold by these key players. A rising netflow indicates accumulation, while a decline indicates selling pressure. ...