Will the price of Cardano interact with the whale sale boom?
TL; D
- Adult investors separated more than $ 136 million from ADA last month.
- Nevertheless, the price of the original in green is still on a 30 -day scale, as it recorded a 2 % modest profit.
Selling whales ADA amid disturbance
Ada Cardano was among the cryptocurrencies that witnessed Elderly Volatility throughout the month of March. the price burst About $ 1.10 at the beginning of the month when US President Donald Trump confirmed the news about the encryption reserves in America and said Ada will be included.
After a few days, though, the official political leader Fell The executive order of the initiativeAnd Kardano The original code has not been displayed As directed He was just focusing on Bitcoin.
As a result, ADA decreased to less than $ 0.70 and measured around this level in the following weeks. Near the end of March, a slight return of up to $ 0.77 before heading south again and eventually settled in the current $ 0.68 (for all Coingecko data).
The famous X user Ali Martinez open This is amid uncertainty last month, the whales emptied nearly 200 million Ada. Calculated by the current ratesAl -Khakh is equal to more than 136 million dollars. Martinez explained that adult investors are now carrying about 5.8 billion symbols, which represents about 16 % of ADA supplies in circulation.
The sales of this type of the number of coins available in the open market increases, which is likely to be the road to low prices (in the event that the demand remains as it is identical or decreases). These efforts may also cause panic across space, and therefore, smaller players can follow their emotionally and intensify the splash of sale.
Possible price reaction and motivations
Although the whales were emptied last month, ADA is still in green lands on a 30 -day scale, which increases a slight increase of 2 %. For this period.
At the same time, some analysts believe The price can rise to new tops at a price of $ 2 soon. Not so long ago, Martinez assumed that the daily closure above $ 1.15 will confirm this “right -cherish enchant” and pays the value to The above -mentioned goal.
The main factor that may positively affect the original Cardano is the potential approval of Ada Etf in the United States. ashen Display Her intentions To present such an investment car in February, while the United States is again Recognized The app after a few weeks.
The product will allow investors to be exposed to ADA in a more simplified way, and remove encryption and self -bodies from the equation. It can receive attention An additional number of People, in turn, may distribute the new capital in the ecosystem. According to For polymarket, the chances of the presence of ETF ADA in seeing daylight before the end of 2025 are 57 %.
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