Millions of Ada are sold by Cardano Whales during the market failure – will the decline continue?
TL; D
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ADA has decreased from Cardano with double numbers per week, with whales discharge more than 170 million icons, which may indicate more downward pressure.
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Hope to get a recovery on potential approval on the Ada Etf provided by Grayscale, which can attract traditional investors and increase demand.
More pain in the future?
ADA of Cardano was trading much higher than $ 0.80 at the end of last week. However, the start of the new work week offered a lot of pain for the bulls, with assets drop to $ 0.63 (per Coingcko data). Ada has been recovering a little over the past few hours to the current $ 0.67. However, this represents a 15 % decrease on a seven -day scale.
According to some factors, the negative trend can be out of completion. The popular analyst, who goes to x like Ali Martinez, estimated The whales were thrown more than 170 million ADA within 96 hours. Al -Khakh is equal to approximately 115 million dollars (going at the current rates).
The ongoing efforts of this type of HiddenG negative effect on the price. In addition, whale behavior It is closely monitored By some young players who can follow their example and intensify the sale of the sale.
Earlier this month, Martinez Preserve The most important support in ADA ranges between $ 0.67 and $ 0.70. “As long as this level continues, the bull’s running remains intact,” he claimed at that time. As mentioned aboveNeverthelessThe evaluation briefly decreased at the bottom level.
A possible price stimulus
While the comprehensive environment appears completely Dirty, one important The worker may restore green candles. this It is a possible launch of the ADA (ETF) exchange fund in the United States, which was the approval opportunities before the end of 2025 Rise To 67 % recently.
Improve the possibilities resulting from the Supreme Education Council Thanks and appreciation From the Grayscale app to provide this investment car.
The product will allow investors to be exposed to ADA without the need to buy, store or manage the encrypted currency directly. this It simplifies the process, especially for traditional investors who do not know the coding and exchange portfolios.
In addition, the largest digital asset manager in the world works – under organizational frameworks, providing a layer of security and transparency. This may be particularly attractive to investors with risks and who may hesitate to enter the volatile encryption market.
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