Cardano (ADA) faced strong selling pressure this week after large holders moved a large amount of 0 100 million ADA were sold in just 72 hours. Meanwhile, this has raised new concerns among investors about the short-term direction of the 1 sell-off also lines up with a price drop from $0.88 to $0.64. Whales Exit Positions Within Days Data shows that wallets holding between 100 million and 1 billion ADA trimmed their balances over a three-day period, which could be one of the reasons behind the asset’s price slip during this period. 100 million Cardano $ADA sold by whales in 72 hours! 2 — Ali (@ali_charts) October 29, 2025 Notably, the timing of the sales suggests a direct link between whale behavior and market 3 mid-October, the size of whale holdings has remained flat, which shows there hasn’t been much new buying activity from such 4 could mean that major players are staying cautious as market uncertainty 5 Comes Next for ADA?
In a recent video update , Martinez stated that Cardano “ may still see one more leg down ” before any meaningful 6 pointed to the $0.55 level as a key area of interest, where increased buying activity could lead to a price 7 also mentioned a potential upward move toward $0.74 if a bounce occurs from that support zone. Moreover, as CryptoPotato reported , Martinez pointed to a possible long-term move toward $1.70 but noted it would likely need much stronger momentum to play 8 Levels and Trading Indicators At the time of writing, ADA is trading at $0.64. It’s down slightly over the last 24 hours, but still up 1% across the past 9 $0.64 mark is being watched as a short-term support 10 remains weak as the Relative Strength Index (RSI) is at 40.
That’s below the midpoint of 50, showing low demand. However, it hasn’t yet reached the oversold zone, which starts at 30.
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