
Cardano Faces Pressure as Whales Sell 120 Million ADA: What’s Next for ADA?
Whales sold 120 million ADA, signaling bearish sentiment and possible continued price decline. DeFi TVL and derivatives market show weakness, contributing to Cardano’s ongoing downtrend. Spot market buyers remain hopeful, but overall market sentiment limits ADA’s recovery potential. Cardano’s ADA has been under significant pressure lately, as selling activity continues to dominate the market. Over…