Cardano (ADA) experienced significant selling pressure this week as large holders moved a substantial amount of tokens. Approximately 100 million ADA were sold within a 72-hour period, raising concerns among investors about the asset's short-term trajectory. This sell-off coincided with a notable price decline, falling from $0.88 to $0.64.
Whales Exit Positions Within Days
Data indicates that wallets holding between 100 million and 1 billion ADA reduced their balances over a three-day span. This activity is considered a primary factor behind the asset's price slip during this timeframe. The timing of these sales strongly suggests a direct correlation between whale behavior and market movements. Since mid-October, the total holdings of whales have remained relatively flat, indicating a lack of substantial new buying activity from these accounts. This cautious approach from major players likely reflects ongoing market uncertainty.
100 million Cardano $ADA sold by whales in 72 hours! pic.twitter.com/2VXsZnx90m
— Ali (@ali_charts) October 29, 2025
What Comes Next for ADA?
In a recent video update, analyst Ali Martinez suggested that Cardano "may still see one more leg down" before any significant recovery. He identified the $0.55 level as a critical area of interest, where increased buying activity could potentially trigger a price rebound. Martinez also noted a possibility of an upward movement towards $0.74 if a bounce occurs from this support zone. Furthermore, as previously reported, Martinez pointed to a potential long-term move towards $1.70, though he emphasized that this scenario would likely require much stronger market momentum to materialize.
Price Levels and Trading Indicators
At the time of writing, ADA is trading at $0.64. While it has seen a slight decrease over the past 24 hours, it remains up 1% for the week. The $0.64 mark is currently being observed as a short-term support level. Momentum appears weak, with the Relative Strength Index (RSI) standing at 40, below the midpoint of 50, which indicates low demand. However, the RSI has not yet entered the oversold zone, which begins at 30.
The Moving Average Convergence Divergence (MACD) indicator shows a slight bullish crossover, with the MACD line recently crossing above the signal line. While this typically signifies a potential shift in momentum, the move is currently weak and has not yet confirmed a trend reversal.
Institutional Flows and ETF Listing
According to CoinShares data, Cardano experienced $300,000 in outflows from crypto investment funds this week, following $3.7 million in inflows the previous week. This decrease suggests a temporary cooling of investor interest. In a separate development, ADA has been included in the REX-Osprey Top 10 Crypto Index ETF. This inclusion is expected to enhance Cardano's visibility among investors tracking regulated investment products.