Shiba Inu, Cardano Seeing Explosive Whale Activity, Santiment Reveals

The on-chain analytics firm Santiment has revealed how Shiba Inu (SHIB) and Cardano (ADA) are among the altcoins seeing high whale activity recently. Shiba Inu & Cardano Have Seen High Interest From Whales Recently In a new post on X, Santiment has talked about how some altcoins have been seeing a high Whale Transaction Count recently. The “Whale Transaction Count” here refers to an indicator that keeps track of the number of transactions happening on any cryptocurrency network that are valued at $100,000 or more. Generally, only the whale entities are capable of moving such a large amount of capital with single transfers, so transactions of this scale are associated to movements related to them. Related Reading: Bitcoin Surges Past $71,000, But TD Sequential Says Sell When the value of the indicator is high, it means the whales are making a large number of moves on the network right now. Such a trend could imply these humongous investors have an active interest in trading the coin. On the other hand, the metric being low could imply the big money investors may not be paying much attention to the asset currently as they aren’t making too many transactions. Now, here is a chart that shows the trend in the Whale Transaction Count for three altcoins: Shiba Inu, Cardano, and JasmyCoin (JASMY). As displayed in the above graph, all three of Shiba Inu, Cardano, and JasmyCoin have seen the metric spike for them recently. Naturally, this means that the whales are actively trading these assets right now. As for what this could mean for the prices of these cryptocurrencies, a high whale transaction count can be a predictor for volatility. The indicator doesn’t contain any information about whether the transfers are tending towards buying or selling moves, though, so it can usually be hard to say about where exactly such volatility could take the asset. Since the transfers have started, however, all three of these coins have seen some level of price appreciation, hinting that the whale activity so far may have been leaning towards accumulation after all. The analytics firm also appears to believe that buying could be the goal behind these transactions. “The amount of $100K+ transactions on each of these networks have all more than doubled this week compared to usual 2024 averages, signaling accumulation,” notes Santiment. Related Reading: Bitcoin Like A Spring Waiting To Uncoil, Analyst Explains Why Whatever the case be, if the high value of the Whale Transaction Count persists for Shiba Inu and company, it’s likely that their prices would continue to see some sort of fluctuations in the coming days. SHIB Price While JasmyCoin has seen a considerable amount of profits following the spike in whale interest, Shiba Inu has only been able to see a relatively minor surge. Following this latest rise, the SHIB price has so far been able to recover to $0.00002570. Featured image from Dall-E, Santiment.net, chart from TradingView.com

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Cardano Whale Activity Spikes 80 Million ADA Added In 48 Hours

Cardano (ADA) is entering a decisive moment as bulls fight to hold the $0.74 support zone and build momentum for a move toward the $0.90 level. After gaining over 68% since its April lows, ADA is showing strong signs of recovery, but it must defend current levels to confirm continuation. This phase is critical, as price action tests a key demand zone that previously triggered significant upside. Related Reading: Bitcoin Consolidates Below ATH Buying Pressure Weakens As Equities Outperform Adding to the bullish sentiment, on-chain data from Santiment reveals that whales have accumulated over 80 million ADA in the past 48 hours. This surge in large-scale buying activity points to growing confidence among big players, potentially setting the stage for a breakout. Whales often lead major market moves, and their renewed interest in Cardano may be signaling a sustained rally ahead. However, the $0.90 level now acts as a near-term resistance, and reclaiming it will be essential to unlock higher targets. The coming days are likely to be pivotal for ADAs price structure. If bulls manage to flip this level, the next leg up could bring Cardano back into the spotlightpossibly reigniting broader altcoin enthusiasm in the process. Whale Accumulation Signals Strength: Buyers Push For A Breakout Despite this impressive rebound, ADA remains 43% below its December 2024 highs around $1.32. This gap highlights the cautious optimism that dominates the altcoin landscape. While bulls are gradually regaining control, overall market fear and macroeconomic uncertainty continue to pressure altcoins, many of which are still struggling to push through key resistance levels. ADA is currently consolidating just above the $0.74 level, forming a base that could precede a breakout. Market structure is tightening, and the next moveupward or downward- will likely be sharp. A decisive push above $0.90 would confirm a breakout and likely trigger renewed interest from retail and institutional investors. Fueling this narrative is fresh data from top analyst Ali Martinez, who reported that whales have purchased over 80 million ADA in the last 48 hours. This large-scale accumulation points to increasing confidence among big players and could act as a catalyst for further upside. Whale activity often precedes strong price action, and this development supports the idea that ADA may be on the verge of a significant move. As ADA consolidates near critical support and whale interest grows, market watchers are closely monitoring for signs of continuation. If bulls maintain momentum and break past resistance, Cardano could quickly shift from a consolidation phase to a full-scale rally, potentially reigniting momentum across the altcoin sector. Related Reading: Ethereum Faces Resistance Against Bitcoin ETH/BTC Bullish Structure In Question Cardano Holds Crucial Support As Bulls Aim For Recovery Cardano is currently trading around $0.74, testing a key support zone after failing to hold above the $0.80 mark. The chart shows a strong surge earlier in May that brought ADA to local highs near $0.90, but since then, the price has retraced and is now consolidating just above its 200-day EMA (around $0.71). This level is acting as dynamic support and could be critical for the next move.   The price structure suggests ADA is in a decisive phase. A breakdown below the EMA and the horizontal support around $0.72 could expose the token to a deeper retracement toward previous consolidation zones. On the other hand, reclaiming $0.80 would invalidate the bearish scenario and signal a potential push toward $0.90 and eventually $1.00an area that marks strong historical resistance. Volume has declined slightly during the recent pullback, suggesting the retracement may be driven more by profit-taking than panic selling. The 200 SMA above at $0.80 remains a key target to watch for bullish continuation. Related Reading: Dogecoin Whales Accumulate 1 Billion DOGE In A Month: Fueling Price Surge Speculation If bulls can defend current levels and generate renewed buying momentum, ADA could resume its upward trend and break the current range, setting the stage for a retest of major resistance levels in the weeks ahead. Featured image from Dall-E, chart from TradingView

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XRP & Cardano Whales Load Up Bags: Preparation For Altcoin Rally?

On-chain data shows that XRP and Cardano whales have been accumulating recently, which can be bullish for the prices of these altcoins. XRP & Cardano Whales Have Gone On A Buying Spree Recently As analyst Ali explained in a new post on X, XRP whales have seen their holdings go up over the last couple [...]

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

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? However, the rebound hasnt 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 markets 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 be pivotal 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 ADAs 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 uncertaintyor signaling a deeper continuation of the downtrend. 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, ADAs 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 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. 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? 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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Whales Offload 200M Cardano During March The Start Of A Trend?

Cardano is currently trading around a key daily demand zone, with bulls attempting to step in and stabilize price action after weeks of decline. The broader crypto market remains under pressure, driven by persistent macroeconomic instability and heightened global uncertainty. As financial markets continue to react to inflation fears, trade tensions, and erratic policy moves, altcoins like ADA have been hit especially hard. Related Reading: Chainlink Weekly Indicator Flashes Buy Signal Can Bulls Hold $13.20 Support? Analysts are warning that the downtrend could continue, with little indication of a shift in sentiment in the near term. Many believe Cardano may follow the broader altcoin market, which has seen deep corrections across the board. Adding to the bearish outlook, on-chain data from Santiment reveals that whales offloaded nearly 200 million ADA throughout March. This significant sell-off by large holders has only added to the downward pressure, fueling concerns that more downside may be ahead if bulls fail to reclaim key levels. As Cardano trades near support, the next few sessions will be crucial. Whether bulls can defend this zone and push ADA higher or if continued whale selling leads to further losses remains to be seen in a market thats showing few signs of stability. Cardano Struggles As Whale Selling Intensifies Cardano has seen a sharp decline, losing more than 45% of its value since March 3 amid a wave of selling pressure that has rocked the broader crypto market. As macroeconomic instability continues to drive uncertainty across financial markets, altcoins like ADA have taken the brunt of the damage. Now trading near a critical support zone, Cardano faces growing pressure from both retail sentiment and large-scale holders exiting their positions. Bulls are in a difficult position, needing to step in and defend current levels to avoid a steeper correction. If ADA fails to hold support, analysts warn that a drop toward the $0.50 mark is likely a level not seen in months and one that could confirm a shift into a deeper bearish phase. Adding to the bearish outlook, top analyst Ali Martinez shared insights revealing that whales sold nearly 200 million ADA during March alone. This kind of large-scale selling from top holders typically signals fading confidence and adds further downside pressure to already struggling price action. With market sentiment still fragile, Cardanos next move will likely depend on whether bulls can reclaim momentum or if continued whale selling and macro fears drag the price lower. Holding current levels is essential to prevent ADA from sliding into even more critical territory in the days ahead. Related Reading: Dogecoin Holds Key Support: A Demand Spike Could Trigger A Rally Price Action Details: Bulls Defending Critical Demand Cardano (ADA) is currently trading at $0.68 after failing to hold the $0.75 level, signaling a continuation of bearish momentum. The recent drop also pushed ADA below the 200-day moving average (MA) and exponential moving average (EMA), both sitting around the $0.72 mark critical indicators that have now flipped into resistance. This loss has further weakened the short-term structure, leaving bulls with limited options. The next key level to watch is $0.62. Bulls must defend this zone with conviction to prevent a deeper selloff and attempt to form a base for recovery. Reclaiming levels above $0.72 would be the first step in regaining control, but without immediate buying pressure, the outlook remains fragile. If Cardano fails to hold above $0.62, analysts warn that a sharp decline into the $0.57$0.55 range could follow. This would mark a significant breakdown and could trigger panic selling, especially as overall market sentiment remains shaky. Related Reading: Ethereum Analyst Eyes $1,200-$1,300 Level As Potential Acquisition Zone Details With ADA under pressure and technical levels breaking down, the coming days will be crucial. Bulls must act swiftly to reclaim lost ground, or risk watching Cardano slide further into lower demand zones. Featured image from Dall-E, chart from TradingView

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Cardano Whales Double Holdings In 10 Days. Will This Stop The Onslaught?

Cardano (ADA) has been one of the most hardly hit cryptocurrencies during the latest market crash. It has so far lost over 60% of its all-time high, putting the majority of its investors right in the loss territory. The downtrend has been a cause for alarm among holders. But it looks like not everyone feels that way as some, mostly whales, have taken this as an opportunity to increase their holdings. Whales Fill Up On ADA A report from analysis firm Santiment shows a broad accumulation trend among whales when it comes to ADA. As the price of the digital asset had crumbled, big investors had ramped up their buying activity. One would think that with such value loss as that recorded by the cryptocurrency, whales with large holdings would dump their bags to save from further losses. Related Reading | Anthony Scaramucci Urges Bitcoin Holders To Think Long-Term As Downtrend Won’t Last Instead, these whales are taking this as a buying opportunity. The Sentiment report shows that the top ADA whales have all doubled their holdings in the past 10 days. In this time period, the price of Cardano’s native token ADA had lost about 34% of its value. Whale wallets holding between 10,000 and 1 million ADA have at least doubled their previous holdings since then. In total, these whales have collectively bought over $53 million worth of ADA in a 10-day period. The average addition to their holdings comes out to around 113%, more than doubling the volume of ADA they control. ?? #Cardano's price, like many #altcoins, have plummeted in the past 10 days, dropping -34%. However, large addresses holding between 10k and 1M $ADA, own 113% more in their collective bags since the drop on January 17th, accumulating $53.6M in tokens. ?? https://t.co/9V50jyrBlX pic.twitter.com/tQdwa7ym38 — Santiment (@santimentfeed) January 28, 2022 Cardano Holders Deep In The Red Most Cardano holders remain firmly in the red, as represented by data from IntoTheBlock. The digital asset currently features one of the lowest profit rates of all the top cryptocurrencies with only 9% of holders said to be in profit.  A whopping 84% of all Cardano investors continue to struggle as their holdings are sitting firmly in loss, while only 7% are holding on in the neutral territory. ADA trading a $1.02 | Source: ADAUSD on TradingView.com The cryptocurrency had managed to hit a high above $3 in an impressive rally last year. However, it has been a sad story of dips and crashes since then that has shaved about $2 off of its all-time high value. Currently, the digital asset is still struggling in the market. Related Reading | Tesla Report Shows Bitcoin Holdings Remain Unchanged At $1.2 Billion The buys from Cardano whales have worked to the good for the asset but it is too soon to tell how long the stop-gap will hold. If whales continue their accumulation trend, and smaller investors follow in the footsteps of the whales, then a reversal could very well be in the works. However, with market sentiment firmly in the bearish territory, investors may be too wary to gamble on the smart contracts network. Featured image from Nasdaq, chart from TradingView.com

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Cardano Whales Keep Buying Price Holds Above Crucial Mark

Cardano (ADA) has demonstrated impressive resilience, holding firmly above the critical $1.15 level since Monday despite an aggressive market shakeout triggered by Bitcoins volatility. While many cryptocurrencies struggled under selling pressure, ADAs ability to maintain this support showcases its strength amid uncertain market conditions. Top analyst Ali Martinez highlighted bullish signs for Cardano, sharing data that points to a significant increase in whale activity. This uptick in large transactions indicates growing interest from institutional investors and high-net-worth individuals, often a precursor to substantial price movements. Related Reading: Dont Fade Dogecoin! Analyst Says DOGE Is About To Rally As Bitcoins shakeout ripples across the market, ADAs stability above $1.15 becomes a focal point for traders and investors. If Cardano can sustain this level, it could pave the way for a bullish continuation, potentially targeting new highs. Conversely, losing this support would signal increased downside risk and likely lead to a broader consolidation phase. With ADA showing relative strength against broader market turbulence, all eyes are on its next move. Will increased whale activity and bullish sentiment drive Cardano to new heights, or will market uncertainty prevail? The coming days will be crucial in determining ADAs direction and potential to outperform in a challenging market environment. Big Players Keep Buying Cardano  Cardano has consistently set new highs and retraced to hold previous highs as support. This bullish behavior signals strong market confidence in ADAs potential to deliver significant gains in the current cycle. Whale activity has been a key driver of this momentum, with large-scale holders of ADA significantly increasing their positions. Analyst Ali Martinez shared data on X revealing that Cardano whales have accumulated over 100 million ADA in the last 24 hours alone, valued at approximately $115 million. This surge in accumulation is a highly bullish indicator, suggesting that influential investors are positioning themselves for further upside. This activity coincides with increasing chatter about the arrival of an “alt-season,” a period when altcoins typically outperform Bitcoin and experience massive price rallies. Cardanos solid fundamentals and growing network activity position it as a prime candidate for significant gains in such a market environment. Related Reading: SUI About To Break ATH Again Can Bulls Target $4.20 This Week? The combination of whale accumulation, robust price action, and broader market trends indicates that ADA is ready to capitalize on the potential for massive gains this cycle. Cardano appears well-prepared to stand out as the market looks to altcoins for the next big moves. Whether it can sustain this momentum will be a critical question in the coming weeks. Price Holding Above Key Level  Cardano (ADA) is trading at $1.16 following a 15% pullback from its recent local highs of $1.32. Despite this decline, the price remains above a crucial support level at $1.15, which could determine its next move. Holding above this level is essential for ADA to maintain its bullish momentum and signal the possibility of a renewed rally. If ADA sustains support at $1.15 in the coming days, a push toward higher supply zones is expected, potentially targeting a retest of the $1.32 level and beyond. This level has become a key battleground for bulls aiming to regain control and drive higher prices. Such a move would confirm the pullback was a healthy retracement within an ongoing uptrend. Related Reading: Dogecoin Is Ready To Run Again Analyst Expects 60% Rally However, failing to hold the $1.15 support could signal weakness and extend ADA’s current consolidation phase. This scenario might see the price oscillating in a range, delaying any significant upward movement. Traders and investors closely monitor this level as the broader market dynamics remain uncertain. ADAs ability to stay above $1.15 will likely shape its short-term trajectory, making this a pivotal moment for the altcoins price action. Featured image from Dall-E, chart from TradingView

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On-Chain Metrics Reveal Cardano Whales Are Buying The Dip Details

Cardano (ADA) has been through a rollercoaster of volatility, with the price experiencing significant ups and downs over recent weeks. After hitting a local top of $1.32, ADA retraced over 30%, dropping to $0.91 before returning to a critical support level. This price action has left investors speculating whether the current recovery marks the start [...]

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Cardano Whales Buy The Dip Metrics Show Increasing Demand

Cardano (ADA) has captured investors attention after surging to multi-year highs at $1.15, marking an impressive 245% gain since November 5. This remarkable rally has solidified its position as one of the top-performing altcoins in the current market cycle. As the broader cryptocurrency market undergoes consolidation, Cardano continues to stand out with bullish momentum that could signal further upward movement in the coming days. Related Reading: Bitcoin Leverage Remains High Data Reveals Selling Pressure Above $93K Top analyst and investor Ali Martinez recently shared a technical analysis on X, highlighting a significant accumulation of ADA by whales. According to Martinez, large investors have been aggressively buying Cardano, particularly during the weekends price dip, a move that underscores growing confidence in the assets potential. The next few days will be critical for ADA as it navigates a consolidating altcoin market poised for its next major move. Investors are closely watching Cardanos ability to maintain its bullish structure and capitalize on the heightened interest from whales. Should the market turn favorable, ADA could set its sights on new highs, reinforcing its status as a key player in the altcoin space. With whales accumulating and market conditions aligning, Cardanos future remains one of the most exciting narratives in the crypto landscape. Cardano Large Holders Accumulating Cardano is showing strong signs of bullish momentum as large holders, commonly referred to as whales, increase their buying activity. According to data from blockchain analytics firm Santiment, these whales, defined as entities holding over 100 million ADA, accumulated more than 130 million tokens during the recent price dip.  Top analyst Ali Martinez brought attention to these metrics on X, emphasizing the importance of whale activity in shaping ADAs market trajectory. Martinez notes that this level of accumulation is a clear signal of confidence from large-scale investors, suggesting that the current rally still has room to grow. Cardanos price, which recently hit a multi-year high of $1.15, could see continued surges as whales add buying pressure to the market. Despite the bullish outlook, some analysts believe a retracement below the $1 mark could provide a healthier foundation for ADAs next major move. Such a pullback would allow the market to consolidate and shake out weaker hands, creating stronger demand zones for the next rally. Related Reading: Ethereum Analyst Predicts $3,700 Once ETH Breaks Through Resistance With whales leading the charge and metrics indicating rising demand, Cardanos bullish trend appears well-supported. The coming days will likely determine whether ADA can maintain its upward trajectory or if a temporary correction will pave the way for its next leg up. Investors are closely watching key levels, with optimism that Cardano will continue to outperform as the altcoin market remains in focus. ADA Testing Liquidity Around $1 Cardano is trading at $0.99, marking a 24% retrace from its recent local highs of $1.15. Despite this dip, the price action suggests ADA is testing a crucial supply zone near the $1 mark, a key psychological and technical level. Reclaiming and holding above this level in the coming days would confirm the continuation of the broader bullish breakout, signaling renewed strength for Cardano. If ADA successfully maintains support above $1, it could pave the way for a swift move back toward $1.15 and potentially beyond as the bullish trend regains momentum. This level is being closely monitored by traders and investors as a marker of resilience, with further upward price action expected if ADA demonstrates strength. Related Reading: Bitcoin Realized Profit Hits ATH At $443 Million Local Top Or Continuation? However, a temporary consolidation below $1 should not be seen as a bearish indicator. Instead, such a move could allow the market to establish stronger demand zones and provide a healthier base for ADA’s next rally. Consolidation phases are often vital in sustaining long-term price trends and shaking out weaker hands. As the market evaluates these critical levels, ADA’s price trajectory will likely depend on whether it can break and hold above $1 or consolidate before the next major move. Featured image from Dall-E, chart from TradingView

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Cardano Price Witnesses Bullish Resurgence With 26% Rally Heres The Likely Catalyst

The Cardano price has been in red-hot form over the past few days, making a highly anticipated return to above $1 on Friday. This recent bullish momentum made ADA the best-performing asset among the top 10 largest cryptocurrencies in the past week. While this burst of positive price action could be linked to the improving climate of the altcoin market, it appears that the increased activity of large holders (whales) is responsible for the latest price surge. Heres how much the ADA whales bought in recent days. Cardano Whales Purchase 40 Million ADA In 2 Days Prominent crypto analyst Ali Martinez revealed in a new post on the X platform that the Cardano whales have become increasingly active in the market over the last few days. This on-chain observation is based on the increase in the holdings of investors who own between 10 million and 100 million coins. Related Reading: Analyst Says Dogecoin Price Can Break To $0.48, But This Needs To Happen First The investor cohort under review is a class of whales, which refers to entities that wield significant influence over the market due to the amount of cryptocurrencies they own. Many investors pay attention to this class of large holders, as the market often reacts to their movement. According to data from Santiment, Cardano whales acquired more than 40 million ADA tokens (worth about $42.8 million at the current market value) in 48 hours. This level of buying activity highlights the strong faith in the assets promise despite the sluggish market climate. As seen with the price action over the past few days, increased whale activity can have a positive impact on the price of Cardano. Hence, sustained buying activity could see the altcoins price to its highs of early December 2024. What Next For Cardano Price? As of this writing, the Cardano price sits just above the $1 mark, reflecting a nearly 2% decline in the past 24 hours. However, this negative performance has barely impacted the altcoins weekly gain, which currently stands at around 26%. In another post on X, Martinez revealed that the Cardano price is playing out like it did in the previous cycle. During the last bull cycle, the ADA token grew exponentially in less than a year, reaching the current all-time high price of $3.09. Related Reading: XRP Price Prediction To $4.9: How The 1-Day 50 MA Will Drive The Next Wave The analyst believes that if the altcoin follows the recent historical pattern, a move to $4 could be imminent. However, from the highlighted chart, the Cardano price might travel as high as $6 before hitting a major roadblock. Featured image from Solodev, chart from TradingView

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Behind Cardano 15% Correction: Heres How Much ADA Whales Sold

After a quiet start to 2025, the price of Cardano had finally begun to build on its bullish momentum from the previous year. However, the altcoin has seemingly encountered a setback, with its value falling by nearly 15% in the past week. While this downturn could be attributed to the uncertainty and drama surrounding Donald Trumps inauguration, it could also be linked to the movement of large investors over the past week. Heres how the Cardano whales sold in the last seven days. Whales Sold $180 Million Worth Of ADA Tokens Last Week In a recent post on the X platform, prominent crypto pundit Ali Martinez shared the amount of Cardano tokens offloaded by whales in the past week. This is based on the change in the wallet holdings of those who own between 100 million and 1 billion coins. Related Reading: Bitcoin Shark Wallets Set New Record: Bullish Foreshadowing For 2025? It is worth mentioning that addresses holding tokens of such magnitude are called whales. These entities are deemed significant as other market participants often watch their movements. Due to their substantial holdings, crypto whales often wield significant influence over the market and prices. Historically, prices of assets tend to move in the direction of these large investors (prices rise during whale accumulation and dip during whale sell-offs.) According to Martinez, the Cardano whales trimmed their holdings in the past week, offloading more than 180 million ADA tokens in the process. This sell-off is equivalent to around $185 million at the current market price. While determining the exact rationale behind the latest whale movement is difficult, it is not unusual for whales to lock in profits, especially after a price surge. For context, the Cardano price jumped nearly 30% from $0.9 to as high as $1.15 between January 13 and January 17. Furthermore, large-scale sell-offs by whales could indicate a shift in investor sentiment, especially if they expect a future price decline. They might try to cash in early to minimize or avoid losses. Ultimately, whales shaving their holdings doesn’t often bode well for an asset (Cardano, in this case), as it increases supply in the open market. Increased supply without sufficient demand to absorb the selling could exert bearish pressure on ADAs price. Cardano Price At A Glance As of this writing, the ADA token is valued at around $0.97, reflecting a decline of over 1% in the past 24 hours. According to data from CoinGecko, the altcoin is down by about 15% in the last seven days. Related Reading: Catching The Next Quick 5X: Why The Dogecoin Price Should Be On Your Radar   Featured image from Unsplash, chart from TradingView

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Cardano (ADA) Next In Line For A Rally Following Shark And Whale Buying Spree

Cardano (ADA) has not exactly been the best performer in the last month. Instead, the altcoin’s price has continued to stall even during periods of market recovery. However, this trend could change pretty soon given the current accumulation trend among sharks and whales, something that could take a significant chunk of available supply off the [...]

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Cardano (ADA) Price Prediction: 28% Upswing Or 23% Drop Coming Next?

Cardano (ADA) is currently trading at a pivotal $0.291. The question is: Will ADA experience a 28% upswing or is a 23% drop on the horizon? Remarkably, the ADA price still remains in bearish territory, but the potential for a trend reversal is palpable. Price Analysis: 4-Hour Chart The 4-hour chart paints a picture of [...]

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