Massive Whale Exodus Hits Cardano – Is a Bigger Dump Coming?

This content is provided by a sponsor

Amid continued market uncertainty, Cardano whales have shifted their positions significantly over the past month.

According to analyst Ali Martinez, more than 200 million ADA – worth approximately $136.7 million – was sold by whale addresses in March.

This substantial selloff has sparked concerns about whether more downside is ahead for the Cardano.

Whale Activity Raises Red Flags for Cardano’s Price Outlook

In a recent update, Ali Martinez highlighted that the 200 million ADA liquidated by whales aligns with Cardano’s more than 20% decline in the first quarter of 2025.

Whales sold nearly 200 million #Cardano $ADA throughout March, as shown by data from @santimentfeed! pic.twitter.com/mYxm1LdSkI

— Ali (@ali_charts) April 1, 2025

The selloff comes at a time when ADA is struggling to maintain upward momentum, with $0.70 emerging as a key resistance level.

Cardano has displayed a well-defined price structure since November, with a pattern of higher highs followed by abrupt short-term corrections.

After peaking at $1.165 on March 2, ADA has been unable to reclaim higher ground, forming a strong resistance near $0.7799.

Technical indicators remain mixed. A moving average cross is beginning to signal a potential dead cross, but it has not fully formed.

Despite this, there is still potential for a rebound, provided ADA holds above its current support level (marked A).

A successful breakout above the $0.7799 resistance (marked B) could open the path toward retesting the previous local high at $1.165.

However, Cardano’s price continues to be influenced by broader market dynamics, including the impact of President Trump’s recent Liberation Day tariff policy shift.

New Altcoins Gaining Traction as Cardano Momentum Slows

While Cardano’s fundamentals remain intact, its next major price move could take time to materialize.

In the meantime, some investors are rotating into emerging projects with higher near-term upside potential.

One promising option is Bitcoin Bull (BTCBULL), an ERC-20 token in presale that has already raised over $4.36 million.

Bitcoin Bull mirrors Bitcoin’s structure, with a fixed supply of 21 billion tokens and a deflationary burn mechanism tied to BTC’s price milestones.

Each time Bitcoin reaches a new $25,000 increment beyond its all-time high of $125,000, a portion of BTCBULL’s supply will be permanently burned.

This design aims to increase scarcity and drive long-term value for holders.

To invest in $BTCBULL, you can visit the official Bitcoin Bull website and connect your crypto wallet (such as Best Wallet).

$BTCBULL can be purchased using USDT, ETH, or even a bank card, making it simple for anyone to get started.

next

Disclaimer: This publication is sponsored. Coinspeaker does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or other materials on this web page. Readers are advised to conduct their own research before engaging with any company mentioned. Please note that the featured information is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this web page constitutes a solicitation, recommendation, endorsement, or offer by Coinspeaker or any third party service provider to buy or sell any cryptoassets or other financial instruments. Crypto assets are a high-risk investment. You should consider whether you understand the possibility of losing money due to leverage. None of the material should be considered as investment advice. Coinspeaker shall not be held liable, directly or indirectly, for any damages or losses arising from the use or reliance on any content, goods, or services featured on this web page.