Major ADA Sell-Off Raises Concerns for Cardano

Cardano whales dump 100M ADA, Major crash coming?

The recent activity involving Cardano (ADA) has raised eyebrows as over 100 million tokens were sold by whale wallets within just 72 hours. This significant sell-off has resulted in a sharp decline in price and heightened bearish sentiment among traders. Analysts predict that if this trend continues, the price of ADA could drop to around $0.515.

Key Takeaways

Whale wallets have sold more than 100 million ADA in three days, causing a decline in price and bearish sentiment.
There's speculation that further selling could push ADA's price down to $0.515.
Analysis indicates a growing bearish outlook for ADA, primarily due to whale selling activity and the asset's current trading position below key indicators.

Bearish Market Sentiment from Whales and Traders

The recent sell-off of ADA tokens has been a significant factor in its price drop, resulting in three consecutive days of losses. Data from CoinGlass indicates that traders are following the lead of whales in the market.

Key liquidation levels for ADA stand at $0.616 and $0.666, with long positions amounting to $5.54 million and short positions totaling $15.91 million. This data underscores a bearish expectation for the asset.

ADA Exchange Liquidation Map Source: CoinGlass

ADA Price Trends and Technical Insights

Whale and trader activity has clearly impacted ADA's pricing, which fell by 1.10% over the last 24 hours to around $0.627. Additionally, trading volume decreased by 25%, reaching $1.17 billion during this time.

Currently, ADA has reached a pivotal price point at $0.615, which has historically shown to influence price reversals since October 10, 2025. The token has tested this level multiple times, resulting in previous price recoveries. However, with the current bearish outlook from whales and traders, the sentiment this time seems different.

ADA price action Source: TradingView

If ADA can maintain this critical support level, there is potential for a recovery, possibly reaching $0.68. Conversely, if it dips below $0.60, a larger sell-off could occur, pushing prices down to $0.515.

As for current indicators, ADA’s Average Directional Index (ADX) is at 43.21, indicating strong momentum above the critical level of 25, suggesting that the current trend may continue. However, the Supertrend indicator is still red and positioned above the current price, indicating continued downtrend pressure and strong selling activity.