After the quiet start of 2025, the Cardano’s price was finally started Build it on the speed of it From last year. However, Altcoin seems to face a shock, its value has dropped about 15% last week.
However, this decline can be accused of the uncertainty and drama around the donald trump inauguration, it can also be connected to the movement of the larger week of last week. Here is what Cardeno Whales sold in the last seven days.
Whales sold ADA tokekes of $ 180 million value last week
In a recent post on X platform, major cryptu Pandit Ali Martinez Shared The amount of cardno tokens offloaded by the whales last week. It is based on the change in the wallet holding of 100 million to 1 billion coin owners.
It may be recalled that such widespread is called whale. These organizations are considered important because other market participants often see their movements.
Because of their significant holding, the Crypto Whales often have significant effects on market and prices. Historically, assembles rise in the direction of these large investors (raining of the whales rise and decreases the whales during the sales-off.)
Accordingly MartinezCardono whales cut off your holding in the last week, offers more than 180 million ADA tokens in the process. This sell-off is equal to about $ 185 million at current market price.
However, it is difficult to determine the right logic behind the latest whale movement, but it is not unusual for the whale fish, especially after the increase in the price. For reference, Cardno price reached $ 1.15 from $ 1.15 from $ 1.15 between January 13th and 17th January.
In addition, whales can indicate the change in large scale-off-investor feelings, especially if they expect the decline in the future. They can try to cache quickly to reduce or avoid damage.
Eventually, shaving his holding your holding is often not good for an asset (in the cardono, this case), as it increases supply in the open market. Can press the depression on the supply of the demand for the demand needed to absorb sales ADA cost.
Cardane price on a look
According to this writing, ADA tokens is approximately $ 0.97, indicating more than 1% in the last 24 hours. According to the figures of the coinkecko, altcoin is about 15% in the last seven days.
Special images from unsplash, traditionview
