Cardano whales have sold over 4 million ADA amid a price drop from $0.90 to $0.52 between August and November 2025. Declining sentiment and on-chain data indicate weakening confidence and persistent selling pressure. Key support zones near $0.50-$0.51 could determine if Cardano rebounds or faces further declines.
The Cardano (ADA) cryptocurrency has recently caught the attention of the crypto community following a significant move by major holders, or “whales.” According to a post by crypto analyst @ali_charts on November, over 4 million ADA tokens have been offloaded by these large investors within the past week.
The accompanying chart reveals a downward trend in ADA’s price, dropping from a high of around $0.90 in late August to approximately $0.52 as of early November. This sell-off has sparked varied reactions, with some viewing it as a potential redistribution phase, while others express concern over the asset’s stability.
Price Trend and Support Levels Under Stress
The timing of this whale activity coincides with a broader market correction, but the volume of ADA sold suggests a strategic move by big players. Historically, such offloading can indicate profit-taking after a bullish run or a repositioning ahead of anticipated market shifts.
The chart, sourced from Santiment, highlights a declining sentiment alongside the price drop, adding to the narrative of waning confidence among investors. However, some analysts argue that this could be a healthy rotation of hands, potentially setting the stage for future growth if new buyers step in.
Strategic Implications for Traders and Investors
Community responses on X range from bullish optimism to skepticism. While some see this as a buying opportunity, others question the lack of clear sourcing for the data, urging caution. With ADA’s current price hovering near key support levels around $0.50-$0.51, the next few days will be critical.
A rebound from this zone could signal resilience, while a break below might trigger further declines. Investors are advised to monitor volume and whale movements closely as the situation evolves.