{"id":56759,"date":"2025-04-04T08:14:13","date_gmt":"2025-04-04T08:14:13","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=56759"},"modified":"2025-04-04T08:14:13","modified_gmt":"2025-04-04T08:14:13","slug":"disturbing-news-for-cardano-ada-and-chainlink-link-investors-details","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=56759","title":{"rendered":"Disturbing News for Cardano (ADA) and Chainlink (LINK) Investors: Details"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Chainlink and Cardano whales have begun offloading substantial portions of their assets in the past few weeks.
\nAlthough both altcoins are slightly in the green on a daily scale, their weekly and monthly performances are quite concerning.<\/p>\n

<\/a><\/p>\n

Large market participants, known as whales, are a crucial part of the cryptocurrency industry as they can bend prices depending on their behavior \u2013 big purchases typically lead to upcoming gains, and vice versa.<\/p>\n

In the case of LINK and ADA, these investors were stacking up big time after the US elections in early November and ahead of Trump\u2019s inauguration in mid-January. Their consecutive purchases managed to push<\/a> LINK above $30 for the first time in over three years, while ADA\u2019s peak during this cycle came at over $1.3.<\/p>\n

However, both of those multi-year records came in December. Since then, the two cryptocurrencies, as well as most of the market, have been in a state of a freefall. ADA is down by roughly 50% and sits at $0.66 now, while LINK has slumped by 57% to $13.<\/p>\n

These declines could be linked again to whales and their change in attitude. In the case of LINK, they have offloaded more than 170 million tokens in less than a month, which have a whopping USD value of $2.2 billion, according to today\u2019s prices.<\/p>\n

Whales sold over 170 million #Chainlink<\/a> $LINK<\/a> in the last three weeks! pic.twitter.com\/r8FnAlOuMS<\/a><\/p>\n

\u2014 Ali (@ali_charts) April 4, 2025<\/a><\/p>\n\n

According to Ali Martinez, a popular analyst with over 130,000 followers, LINK has now broken<\/a> a \u2018crucial trendline\u2019 that held its price for nearly two years.<\/p>\n

The landscape around Cardano is not that much brighter. After the March sell-off<\/a>, ADA whales kept disposing of their assets by selling another 120 million tokens (valued at $80 million) in just two days at the start of April.<\/p>\n

Whales sold 120 million #Cardano<\/a> $ADA<\/a> in the last 48 hours! pic.twitter.com\/U5sTa699tB<\/a><\/p>\n

\u2014 Ali (@ali_charts) April 3, 2025<\/a><\/p>\n\n

The post Disturbing News for Cardano (ADA) and Chainlink (LINK) Investors: Details<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Chainlink and Cardano whales have begun offloading substantial portions of their assets in the past few weeks. Although both altcoins are slightly in the green on a daily scale, their weekly and monthly performances are quite concerning. Large market participants, known as whales, are a crucial part of the cryptocurrency industry as they can […]<\/p>\n","protected":false},"author":0,"featured_media":56760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/56759"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56759"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/56759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/56760"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}