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Cardano Whales Offload 180 Million ADA In 5 Days – Smart Profit-Taking?

News Feed - 2025-04-19 11:04:24

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Cardano is now entering a critical phase after enduring weeks of massive selling pressure and heightened market uncertainty. While the broader crypto market remains fragile due to rising macroeconomic tensions and geopolitical risks, ADA has managed to bounce back, gaining 25% from its early April lows. This recovery has sparked cautious optimism among bulls who believe momentum could continue if key resistance levels are reclaimed. Related Reading Ethereum Price Stalls In Tight Range – Big Price Move Incoming? 1 day ago


However, the rebound hasn’t gone unnoticed by larger players. According to on-chain data from Santiment, whales have taken advantage of the recent price upswing to offload more than 180 million ADA in just the past five days. This aggressive distribution suggests that while retail and mid-sized investors may be expecting a rally, some of the largest holders are opting to exit their positions.


The contrasting behavior between whales and smaller cohorts reflects the broader market’s uncertain state. With no resolution in sight to the ongoing trade conflict between the US and China, and fears of a global economic slowdown mounting, bullish conviction remains fragile. The coming days will bepivotal for Cardano, as price action and on-chain signals continue to diverge in a market desperate for clarity. Cardano Whale Activity Sparks Debate Over Trend Direction


Cardano is now testing a critical demand zone that may determine whether the recent recovery is sustainable or simply a temporary pause in a larger downtrend. After a steady decline that began in early March, ADA is attempting to establish support as global macroeconomic tensions continue to pressure financial markets.


With investors growing increasingly risk-averse, many have chosen to offload both altcoins and Bitcoin to shield their portfolios from escalating volatility and negative sentiment surrounding trade conflicts, inflation, and regulatory uncertainty.


Despite these headwinds, some analysts believe a potential breakout could emerge once current economic pressures begin to ease. But recent whale behavior has raised concerns. According to top analyst Ali Martinez, whales took advantage of ADA’s recent price upswing by offloading over 180 million tokens in just the past five days. This move has sparked debate over whether whales are simply securing profits before further uncertainty—or signaling a deeper continuation of the downtrend. Cardano whales offload over 180 million ADA in the past five days | Source:Ali Martinez on X


If Cardano manages to hold its current support levels and attract renewed buying interest, a short-term rally may still be in play. However, failure to defend this zone could confirm bearish continuation, pushing ADA into lower territory. With market sentiment split and high-stakes developments unfolding globally, ADA’s next move could set the tone for its performance throughout the quarter. Related Reading Solana Turns Bullish On 8H Chart – Break Above $147 Could Confirm New Trend 2 days ago ADA Stalls Below Resistance As Bulls Face Critical Test


Cardano (ADA) is currently trading at $0.63 after several days of sideways movement and failed attempts to break above the $0.66 resistance zone. This level has capped recent upside momentum, signaling that bulls are struggling to gain control in the current environment of macroeconomic uncertainty and risk-off investor sentiment. ADA testing crucial liquidity below the 200-day MA | Source: ADAUSDT chart on TradingView


To confirm a true bullish reversal and break the broader downtrend, ADA must reclaim the $0.75 level, which is aligned with the 200-day moving average. A decisive move above this mark would reestablish long-term strength and could open the door to a sustained recovery rally. Until then, ADA remains in a vulnerable position, caught between key resistance and fragile support. Related Reading Over 1.9M Ethereum Positioned Between $1,457 And $1,598 – Can Bulls Hold Support? 3 days ago


On the downside, losing the $0.60 level could trigger another wave of selling pressure. Such a move would likely push the price back toward the $0.50 support zone, a level not seen since earlier this year. As global markets remain on edge amid geopolitical tensions and investor uncertainty, ADA’s next move will depend on whether bulls can generate enough momentum to flip key resistance or risk further downside if sellers take over.


Featured image from Dall-E, chart from TradingView 

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