Cardano (ADA) Whales Sell 140 Million ADA in Profit-Taking as Price Holds Above $0.88, Could Pull Back

What is the Cardano whale sell-off and why does it matter?

Cardano whale sell-off refers to a concentrated move by large ADA holders who sold roughly 140 million ADA over 14 days. This activity matters because concentrated sales can create short-term downward pressure on price, affect liquidity, and influence trader sentiment.

How many ADA did whales move and who reported it?

On-chain analyst Ali Martinez reported that large addresses collectively sold 140 million ADA in the past two weeks. This figure is drawn from blockchain transaction monitoring and highlights coordinated or clustered profit-taking by ADA whales.

How is Cardano price reacting to whale activity?

Despite the Cardano whale sell-off, ADA is trading up 1.06% at $0.8844 at press time, after an intraday peak of $0.8941. The Relative Strength Index (RSI) remains in a bullish range, suggesting momentum is mixed and the market is consolidating rather than sharply reversing.

What do volume and market-cap signals show?

Trading volume fell by approximately 6.76% to $1.23 billion during the same period, indicating lower market participation while whales executed sales. Reduced volume combined with large sells can amplify price moves; however, the current data shows stability above $0.88, which reduces immediate downside risk.

Why is community sentiment still bullish?

Community sentiment remains positive: a recent poll reported 88.4% of respondents bullish on ADA and anticipating a move toward $1. Retail conviction, coupled with potential capital rotation into altcoins, supports the idea that the Cardano whale sell-off may not translate to sustained price weakness.

Could the whale sell-off affect Cardano’s ranking?

Investors eye Cardano as a contender to displace TRON in market capitalization rankings. If retail demand holds and whales reduce selling, ADA could see renewed inflows that support market-cap gains despite the recent sell-off.