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Cardano Millionaire Wallets Liquidate 350M ADA as $0.90 Break Could Send Price Toward $1.88

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  • 350 million ADA sold in seven days (~$245M) by million‑token addresses.

  • ADA trades near $0.71 with a clear upside trigger at $0.90 and an extension target at $1.88.

  • On‑chain metrics from Glassnode and Santiment show concentrated outflows from nine‑digit holdings after a $19B market drawdown.

Cardano whale liquidations: 350M ADA (~$245M) dumped as price slips—COINOTAG analysis of on‑chain flows, chart trigger levels, and what traders should watch next.

Publication: COINOTAG — Published: 2025-10-15 — Updated: 2025-10-15

What are Cardano whale liquidations?

Cardano whale liquidations refer to large, high‑balance addresses moving or selling substantial amounts of ADA, in this case roughly 350 million tokens over seven days. These transfers reflect significant supply returning to exchanges or being redistributed, which can increase sell pressure and influence short‑term price action.

How does the recent 350M ADA sell‑off affect ADA price structure?

Large outflows from addresses holding nine‑digit ADA balances coincided with ADA slipping under $0.70 and trading around $0.71. Technical analysis shows a year‑long wedge on the 12‑hour frame with a clear trigger at $0.90. If ADA reclaims $0.90, the measured extension targets roughly $1.88, a near 100% move from current levels. Conversely, failure to hold key support exposes downside targets at $0.62 and $0.55. On‑chain signals from Glassnode and Santiment indicate concentrated movement from whales rather than broad retail selling, which suggests the price impact is driven by positional adjustments by large holders rather than diffuse panic selling.

Market volume has thinned since the $19 billion market drawdown last Friday, increasing the potential impact of concentrated whale flows. Traders and risk managers should watch exchange inflows, realized volatility, and liquidity at the $0.90 level to gauge whether the sell‑off is temporary repositioning or the start of continued distribution.

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Source: Ali Martinez

Frequently Asked Questions

How many ADA did million‑token addresses liquidate in the last week?

On‑chain aggregation shows approximately 350 million ADA were moved or sold by high‑balance addresses over seven days, equating to about $245 million at the quoted prices. These transfers were concentrated among a small cohort of wallets holding nine‑figure ADA balances.

Will this whale activity cause ADA to crash further?

Large holder selling increases short‑term downside risk, especially when liquidity is thin. However, the technical structure presents a clear upside trigger at $0.90; market reaction at that level will be decisive. Monitoring exchange flows, order book depth, and on‑chain data is essential for assessing near‑term direction.

Key Takeaways

  • Significant outflows: 350M ADA (~$245M) were liquidated by millionaire wallets in seven days — a concentrated supply move.
  • Technical pivot: ADA sits at $0.71 with a clean trigger at $0.90 and an extension target of $1.88; failure to reclaim $0.90 exposes $0.62 and $0.55 supports.
  • Watch on‑chain and volume: Exchange inflows, wallets’ behavior, and thinning volume since the $19B market drawdown will determine whether this is redistribution or temporary hedge activity.

Conclusion

Cardano whale liquidations of 350 million ADA have injected meaningful supply back into the market while technical charts simultaneously present one of the clearest asymmetric setups of the year. COINOTAG analysis, supported by on‑chain metrics from Glassnode and Santiment and market technicals highlighted by analyst Ali Martinez, shows the $0.90 level as the most important near‑term pivot. Market participants should monitor exchange inflows, order‑book liquidity, and price reaction at that trigger to inform risk management and trading decisions. Stay tuned to COINOTAG for continued updates and on‑chain coverage.

Marisol Navaro

Marisol Navaro

Marisol Navaro is a young 21-year-old writer who is passionate about following in Satoshi's footsteps in the cryptocurrency industry. With a drive to learn and understand the latest trends and developments, Marisol provides fresh insights and perspectives on the world of cryptocurrency.
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    Cardano Millionaire Wallets Liquidate 350M ADA as $0.90 Break Could Send Price Toward $1.88 - COINOTAG