{"id":95672,"date":"2025-09-11T10:35:06","date_gmt":"2025-09-11T10:35:06","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=95672"},"modified":"2025-09-11T10:35:06","modified_gmt":"2025-09-11T10:35:06","slug":"140000000-ada-dumped-in-2-weeks-is-cardano-poised-for-a-price-pullback","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=95672","title":{"rendered":"140,000,000 ADA Dumped in 2 Weeks: Is Cardano Poised for a Price Pullback?"},"content":{"rendered":"

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

Cardano whales dumped a substantial amount of ADA, which may negatively impact the price.
\nStill, analysts on X remain optimistic, eyeing upside targets between $0.92 and $1.80. Adding to the bullish case, persistent negative exchange netflows suggest reduced sell pressure and keep hopes for a rally alive.<\/p>\n

<\/a><\/span><\/h2>\n

Booking Profits<\/h2>\n

Over the past two weeks, Cardano\u2019s native token has experienced a resurgence, with its price briefly touching $0.90. According<\/a> to the popular X user Ali Martinez, large investors (known as whales) used the opportunity to make some profits by offloading 140 million ADA during that period.<\/span><\/p>\n

The USD equivalent of the sold stash is over $120 million. Following that move, the total holdings of the whales (those possessing between one million and ten million coins) has shrunk to 5.46 billion ADA, or less than 15% of the asset\u2019s circulating supply.<\/span><\/p>\n

Such efforts <\/span>are usually interpreted<\/span> as a bearish factor for the price. After all, they lead to an increased amount of tokens on the open market, which could result in a correction if demand picks up the pace.\u00a0<\/span><\/p>\n

Furthermore, the whales\u2019 selling spree may hamper the optimism across smaller players and prompt them to cash out, too.<\/span><\/p>\n

The Potential for Additional Gains<\/span><\/h2>\n

Even as whales unload millions of ADA tokens, crypto X is still buzzing with analysts confident that the asset is gearing up for a rally in the near future. Earlier this week, Martinez <\/span>assumed<\/span><\/a> that the valuation may reach $0.92 once it confirms a bullish breakout of $0.84.<\/span><\/p>\n

X user Clifton Fx <\/span>spotted<\/span><\/a> a bullish flag formation on ADA\u2019s price pattern and predicted this could lead to a pump to as high as $1.80.<\/span><\/p>\n

Cryptoinsightuk also chipped in. The analyst <\/span>said<\/span><\/a> they currently have no exposure to ADA but \u201cthe chart looks like it\u2019s ready to pop, similar to DOGE.\u201d Recall that the biggest meme coin has <\/span>surged<\/span><\/a> by 16% over the past week following the <\/span>major<\/span> developments on the ETF front.\u00a0<\/span><\/p>\n

Meanwhile, ADA\u2019s exchange netflow has been predominantly negative in the last several months. <\/span>This<\/span> signals that investors continue to shift from centralized platforms toward self-custody methods, which in turn reduces the immediate selling pressure.
\n<\/span><\/p>\n

<\/a>ADA Exchange Netflow, Source: CoinGlass<\/p>\n

The post 140,000,000 ADA Dumped in 2 Weeks: Is Cardano Poised for a Price Pullback?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Cardano whales dumped a substantial amount of ADA, which may negatively impact the price. Still, analysts on X remain optimistic, eyeing upside targets between $0.92 and $1.80. Adding to the bullish case, persistent negative exchange netflows suggest reduced sell pressure and keep hopes for a rally alive. Booking Profits Over the past two weeks, […]<\/p>\n","protected":false},"author":0,"featured_media":95673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-95672","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\/95672"}],"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=95672"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/95672\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/95673"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=95672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=95672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=95672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}