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Cardano Whales Sell 180M ADA Fast

Cardano Whales Offload 180 Million ADA Amid Market Uncertainty

  • Cardano (ADA) has rebounded by 25% from early April lows.
  • Whales have offloaded over 180 million ADA in the past five days.
  • The current ADA price is $0.63, struggling to break the $0.66 resistance.
  • A move above $0.75 could signal a bullish reversal for ADA.
  • Losing the $0.60 level may push ADA towards the $0.50 support zone.

Cardano’s recent price recovery faces challenges as whales offload over 180 million ADA, while the coin struggles to surpass key resistance levels amid ongoing market uncertainties.

Source (2.6)https://www.newsbtc.com/news/cardano/cardano-whales-offload-180-million-ada-in-5-days-smart-profit-taking/?rand=52377
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